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

To: goldsheet who wrote (5360)	6/7/2002 3:17:55 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 8010

<Gold and silver seem to be have indigestion at $4 and $325, respectively.> You mean $5 for silver. <There's strong resistance at these levels and it is theoreotically possible we get very stuck here.> Once EWT scenario is that we bottom between 76-78 and then move back up real fast to 110. This is my favorite scenario for now. The next one is this was the top and we are heading back below 60 to complete wave 4 of a contracting triangle. Technical analysis does not always work. But it is fun to use it to see what is possibly coming. For sure on the fundamental side, producers and many explorers are really expensive at the moment.

To: goldsheet who wrote (5360)	6/7/2002 3:18:32 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 8010

I think you mean 5$ Bob, LOL. But yes, we're getting hammered today for no apparent reason other than dollar has stabilized and "It's bottom" in the loony bin. CD

To: goldsheet who wrote (5360)	6/27/2002 9:07:40 PM
From: goldsheet	Read Replies (1) \| Respond to of 8010

Well, it has been almost a month since I suggested a little profit taking might be prudent. AU/AG/XAU were closer to $330/5.10/88 then, now 319/4.90/73 now. My AU/XAU ratio after peaking near 105% is back down to more reasonable levels (89%), so you might want to buy back some stocks sold earlier this month (if you were lucky enough to do so) Harmony looks better at $13.65 now vs. $18 then, Goldfields at $11.73 now vs. 16ish then, etc ..... I think they might go a little lower, but they look OK now. goldsheetlinks.com