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Strategies & Market Trends : Ride the Tiger with CD

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To: Eva who wrote (36822)	11/21/2005 10:04:10 PM
From: TrueScouse	Read Replies (1) of 312433

Eva: Could be that we'll get some fireworks in the silver market tomorrow morning. It's up 6 or 7 cents in overnight trading, but the key thing is that if it opens here in the morning, it'll be a breakout of the 20-year downtrend line going back to April 1984. It's testing this line for the third time (since the highs of early-2004), so IMHO this would be a very significant breakout and take silver up to $10 within the next couple of months. I've added to my futures position in the overnight market just in case. I'll be up early in the morning to see what happens. If nothing happens, I'll go back to bed! Best regards, Howy

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