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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (46791)	3/27/2006 6:35:06 PM
From: Lhn5	Respond to of 312809

<<But from a purely technical point of view, the trend is still up and with action over the past few days it looks like a hefty 22% correction in the widely followed Philadelphia Stock Exchange gold index is over (see Chart 1). In other words, excesses have been wrung out of the precious metals sector in the stock market and that clears the way for the trend to reassert itself and move prices higher once again.>> <<According to Dennis Hughes, a COMEX floor trader with Lorden, Inc, the (silver) ETF, which is currently in the registration process, has traders "scared there will be shortages." He further added that sentiment on the floor of the exchange is that silver will likely hit $11.00 as long as technical supports hold.>> online.barrons.com From barrons online...