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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (2186)12/17/2001 1:48:15 AM
From: marcos  Read Replies (2) | Respond to of 4409
 
Hmmm ... if you join the lows from early September on, then join the high closes from late September on, and project them, yes it looks like it could be a tad weak as soon as it makes its bearish little wedgey point around four loonies in April -g-

[but i hasten to add that no science went into this, i just put an old envelope up against the screen with the little chart in stockwatch loaded]

Interesting url in Eva's post upthread - plata.com.mx .. i'll be sending money through Elektra this week, i should send a little extra for Libertades as presents, maybe eh ... 55 pesos they're selling at, that's right around 5.00US/oz ... not so high

Silver hasn't yet given back much of Friday's gain, might at Comex though - quotes.ino.com



To: Claude Cormier who wrote (2186)12/17/2001 7:52:01 PM
From: Little Joe  Respond to of 4409
 
I would call it a consolidation pattern. It is possible that it is a bearish consolidation, but given the other technicals, it is unlikely. It cannot be a bear wedge, because it is not a part of the top. Bull and bear wedges form at tops and bottoms, not somewhere in the middle.

Little joe