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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (29077)2/1/2002 1:26:22 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
"When history catalogues this Enrongate crisis, it will be called the greatest investor confidence crisis ever, even surpassing the stock market crash in the late 1920s."

investavenue.com

One more reason for the yellow metal to do well?



To: Roebear who wrote (29077)2/1/2002 1:36:29 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 52237
 
Roebear - you call this technical? ROFL.
Mar silver tested yesterday a widely watched retracement of 75% from the Dec rally. Printing 4.32 or 62.5% retrace ( No Fib's here they trade on Gann's <vbg>). Look at the possible cup'n handle. Yeah! This is technical.
My measure $5.8 in weeks, not months.

On gold, I only see an old neckline becoming a S/R line.
But, IMVHO, anything above $284 is the start of a squeeze, nothing technical here. My measure $302. (Ws not Ms).

Shoudda have been more confident, only holding half of my PM position.