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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (39127)	5/12/2006 7:09:02 PM
From: SwampDogg	Read Replies (2) \| Respond to of 60926

Very interesting day indeed Quality silvers led up and they corrected first (with the Bolivia excuse adding some pressure). One of them in particular looks like it may be trying to put in a major low around here (right where it should by testing the 200-day and a previous major high). The bullish thing today and for this week is that the volume was not there on the downside. There are some leading stocks in the $HUI that look like they got way ahead of themselves but other PMs look OK and some look like outright buys right here. Lots of opportunity to rotate profits in a bull. This week was one of those times. FWIW silver has closed higher 7 weeks in a row. That is the big picture. I didn't think that there would still be these kind of opportunities at this metal price but I will take it. This my end up not being as scary as some think. May just have an orderly correction in gold between 650-750 for the summer. Quality exploration stories should do well and if Peru is solved the silvers may start the big kahuna (not talking about companies with big projects in Bolivia) $GOLD may not be done on this run. $730 doesn't look like an important level at all.