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

To: chris714 who wrote (7383)	5/1/2006 1:49:23 PM
From: Louis V. Lambrecht	Respond to of 8010

Chris, I usually buy value stuff people don't want. A three bagger on the rise is something people buy. And part of my indecision: I abandonned the idea of guessing a target for the silver run. The only resistance I guess is $15ish, historical prices have no meaning as you can't analyse 25 yeras cycles on 25 years of data. IMO, sky is the limit. Hence a three bagger would be a cheap price currently. It fits the bill at first rough look. But, instead of bidding up the prices, I prefer to look for the next wave. Current best idea is fresh water as, IMO, best risk free trades on oil, yellow cake and molly already are over. Best risk-free silver play was 2001-2003. You can always buy high and sell higher, but need more market watching and trading tools then less riskier trades if you know where to find them. Until found, I am not changing horses in the middle of the stream. My holdings are not the best performing. I regard as a loss of time to find better performing ones, rather use my time finding that undervalued sector people will rush in next year. So, my trading decison is to not trade <g>.