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Gold/Mining/Energy : Silver prices

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To: ForYourEyesOnly who wrote (1696)2/16/1999 1:59:00 PM
From: Ray Hughes  Read Replies (2) of 8010
 
THC:

Is silver ready to IMPLODE? Seems to be down a bit today. That's not surprising - remember my advice to put away your original stake on a 2-3 fold gain.

I do like the action - volatility is necessary for making trading gains. Look for POS to stabilize after this correction which may stretch into March-April.

Remember, also, that trading commodities can be very damaging to the brain. Take breathers, assume most trades will be losers; just keep them small. Pop original investment back into the kitty and continue to trade the trend, never against, with the profits. That way the kiddies get educated. No kidding, I've met some who bet the farm and lost!

RH
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