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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (14123)	3/18/2004 1:05:43 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 206720

Here's the 10 dollar fork Blue one stockcharts.com[w,a]mcoaynay[d19900301,20040301][p][J26623589,Y]&pref=G

To: da_cheif™ who wrote (14123)	4/14/2005 4:11:15 AM
From: ahhaha	Read Replies (1) \| Respond to of 206720

silver goin to 10 and higher Silver going to 3 or lower. Reason: interest rates. At 2.75% fed funds which FED is wrongly moving up to reverse the negative real rate and its purported inflation inducing effects, has an effective rate which is actually 10 x 2.75 = 27.5% in this era of deflation. The effect just isn't as intense as a nominal 27%, so the consequence to various financial assets is slower and varied. Since 2002 there's been a serious attempt to reflate world economies. Recently, FED came out and declared, "corporations have pricing power". How can they when technology has bestowed the ability to produce anything at almost zero cost, and Asian and other coolees haven't helped the equation either. Meanwhile, in the US a few noble stalwarts are seeing if they can use the pitiful economic recovery to run their prices. They must be drunk. It hasn't worked. Can't push on a string. It's been well known since 1980 that rates above 20% are hard on PMs. Better sell them. PAAS looks like an excellent short sale, but it doesn't matter which silver one chooses to short. All pure silver play companies will be bankrupt in two years. The other PMs are in the same boat. Oil too. Gold may be propped up a bit as FED panics and lowers the fed funds rate, but don't be fooled, for gold will start the same persistent slow grinding decline too. ps. In Oct 2003 I said VLNC was headed for $1.40. I said then that I thought the Elliot Wave fifth count head was in place, but as is typical of Elliot Wave nonsense, you never know what swing amplitude qualifies as a count. Accordingly, the actual head formed 3 months later. VLNC is taking its time on the downside but be patient. It will get there. Right now it looks like hell much like everything else, especially those things in severely affected deflation land. It's the slow grinding persistence that kills ya, you can't see it, unless you understand what forces are afoot and take appropriate action.