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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (34980)	6/28/2005 4:07:55 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

I did not mean to put a lot of credence on the 200MA. (not a weekly 200MA anyway) I thought that should have been clear from by comments. I do NOT think we head back there, but we could given how badly silver breaks when it does break. In fact I just looked it up from my blog: "I am hard pressed thinking that silver falls all the way to the 200MA, I am merely pointing out the possibility." 6.50 might be more like it. I wish I put up a daily chart as well. 6.50 is indeed a decent target area On a daily chart the wedge is slightly different and checking now, I think today might have even busted it. BTW the chart is never meaningless. Some people do not give a rats ass about the FA and ONLY look at the chart. I like to do both. Mish