SSRIF Silver Standard Resources Message Board

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Gold/Mining/Energy : SSRIF Silver Standard Resources

SSO 112.64

-2.2%

Nov 6 4:00 PM EST

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To: philv who wrote (128)	1/2/1998 7:25:00 PM
From: Little Joe	Read Replies (1) of 403

Great post. But I would like to offer my observations for what they are worth. I am not the smartest guy in the world, but I can read at chart. Silver is bouncing around highs that on my chart go back to at least 1993 and appeared to have broken out to the upside. What we are seeing is either a breakout followed by a pullback, or a false breakout. If silver on a spot basis can retest the highs of the last week and exceed them significantly. We are in for a wild ride to the upside. Otherwise it is probably going to continue within the 5 year trading band. From long experience I think it is almost impossible to predict the silver and gold markets, unless, perhaps you are in the business. But I believe we are at a rare juncture where the charts will tell us the direction of silver. Be patient - The market is about to tell us which way silver will go. Live Long and Prosper, Little Joe

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