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

To: Roebear who wrote (26296)	6/29/2005 9:58:24 AM
From: Nihontochicken	Read Replies (1) \| Respond to of 108785

Yuparino, $Silver taking the BB slide down on the daily as feared (yesterday's #s): tinyurl.com Question is, will it break downward out of the multi-month symmetrical triangle and below the two year upward lower trend line? Or, alternatively, is it time once more to back up the truck? tinyurl.com Interestingly, the weekly fast and standard BBs are at approx. the same place, lowers at about 6.77 and uppers at about 7.55, with both sets still converging. Price just broke downward through the midlines at about 7.15, so a trip to the lowers (~6.77) could be in the offing. One would hope for a bounce there or before; if the weekly BBs start to diverge with the price headed downward, then it's game, set, match, TILT!, Game Over. However, twice since March it has bounced after just going through the midlines, so one would hope for a threepeat. If one believes that $Silver on FA principles can't fail, then now is likely a good time to burn any dry powder. I think I'll wait until I see it bounce first. NC ;o)

To: Roebear who wrote (26296)	6/29/2005 10:46:03 AM
From: isopatch	Read Replies (1) \| Respond to of 108785

Roebear. Outstanding post. Proves, once again, that to be a top ST trader it's necessary to have a 1st rate grasp of the longer term factors and trends impacting a market sector. Kudos, Isopatch

To: Roebear who wrote (26296)	6/29/2005 2:01:10 PM
From: 7kidstofeed	Read Replies (2) \| Respond to of 108785

Roebear...here would be my desideration (good word...not used much!) from Sinclair... "The net result of fund creation, given the fact they do not belong due to market size, their own size and their so far demonstrated lack of rational trading tactics, is that before this generational bull market in gold has run its course the difference between the bid and asked price on gold will be $25 and on silver $5. Markets in gold will range a few hundred dollars a day and silver $50 per day - believe it or not." Be careful what we wish for???!!! Regards, J