Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (9158)	3/8/2002 4:21:48 PM
From: Paul Shread	Respond to of 36161

Hope you're right, vt. I held onto just enough to have a lousy day. -g- Must learn to love those semiconductor stocks with those rock-solid fundamentals. -g-

To: gold$10k who wrote (9158)	3/8/2002 10:06:50 PM
From: TrueScouse	Read Replies (2) \| Respond to of 36161

vt: <<this is the prelude to a very big PM rally>> I tend to agree with you, so now I'm back to zero cash :^) All the signs are there. Platinum is still in backwardization. Gold is right at a 50% correction... e.g. April gold: The low in December was 272.50; The high in Feb was 307.50; 50% correction = 290.00. It dipped just below that yesterday and today but closed the week at 290.30. If it bounces up from here next week, that would be very bullish IMO. If it doesn't, we'll just have to continue to be patient! Also, silver has a nice trend going for it. The chart shows a major head and shoulders bottom forming over the last 6 or 7 months. If it breaks clearly above the neckline (at about $4.80), the target would be $5.50 within a few months. Of course, if you're bearish, you'll see quite the reverse of this. - vbg - Best regards, Howy