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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (952)9/26/2003 12:57:41 PM
From: Yogizuna  Read Replies (1) | Respond to of 108616
 
Jim,

I get the weekly Yen chart instead of the silver chart when clicking on the link... Are you trying to give us a "yen" for silver? LOL! The reverse "head and shoulders" pattern is definitely there in the Yen IMO.



To: Jim Willie CB who wrote (952)9/26/2003 1:29:29 PM
From: TheSlowLane  Read Replies (1) | Respond to of 108616
 
Yes, I've been watching that one (silver) for a while. A senior broker from UBS told me the other night "Studies have show that charts don't mean anything.". I suppose that their utility is limited if one is wearing blinders so I guess he has a point. Anyway, Northern Orion is down 9% today, but the volume is miniscule:

bigcharts.marketwatch.com

Looks like a false downside breakout, but only time will tell for sure. I'll feel better when Iso jumps back in to the PMs (even though, yes, I am trading my OWN plan)!