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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (4912)4/19/2002 1:37:16 PM
From: farkarooski  Read Replies (1) | Respond to of 8010
 
Message 17332853

my buddy Woolly said $100 oz silver is coming fast ...
your comment, sir ...



To: loantech who wrote (4912)4/19/2002 2:24:12 PM
From: Little Joe  Read Replies (2) | Respond to of 8010
 
I have a lot of respect for Bob and Claude, but I think playing the how high will it go game is the equivelent of being a psychic. The only person I beleive was ever able to this this with any consistency was Gann and no one that I know of(despite the claims of all those who claim to have discovered his secret)has been able to duplicate his uncanny accuracy. However, I am a great believer in technical analysis and one thing is certain the trend is up and I will ride it until the trend changes. I don't know if the ride will end next week, next year or next decade. I don't know if it stops at 350, 400, 500, 1000, 2000 or higher. But the trend will be the trend until it changes and I think the smart thing is to ride it until it's over. Gold stocks remain short term overbought and this is good as a persistent over bought condition is indicative of a bull market. I do not like to set price objectives except in the clearest situations where past experience with technical analysis has been successful. These situations are few and far between and seldom useful for long term projections.

Let's all enjoy the ride but drive safely.

Little joe