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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (7234)	4/25/2006 10:18:35 AM
From: Zincman	Respond to of 8010

<<it's safe to unclench the sphincters again>> Heck, my sphincter has been so tight lately, my wife's been slipping a hunk a coal between my cheeks at night and getting a new diamond w/ her morning coffee... LOL

To: Canuck Dave who wrote (7234)	4/25/2006 11:08:28 AM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 8010

No worry, charts told me not to sell on the "correction". Observed that silver rallies in four steps: first rally, consolidate, upleg, correction to the consolidation level. Of course, as usual, this behaviour will end as soon as it will be confirmed. Till September last, the period could have been 6 to 18 months. This charts has the "Quadrant Lines", just horizontal lines 25% apart. While it perfectly matches the retrace from the lo-hi run, the consolidation area only is aknowleged after the peak. Never regarded TA as a prognostication tool. Fwiw, other constructs (Silver Jul 06): pitchforks, 100 DMA with +10% -10% price bands, 50DMA is green, 200DMA is red. At 12.7, an horizontal line which costed traders a fortune, both a buy and a sell signal on a sh#tload of indicators. Fwiw: total daily volume traded on the May contract (ten lead month) on Thrusday was the same as the total open interest Strong supports 11.7, 11, 10.3, 9.22 Prices should meet the 100DMA +10% (or the other way around) to be back to an acceptable spread. If that spread widens, the risk od a correction towards the pure 100DMA +-0% increases. Not explaining, just observing and having fun (as lon as the behaviours does not changes) lvlamb.itgo.com