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

To: Tommaso who wrote (238)	12/10/1997 6:06:00 PM
From: Don S.Boller	Read Replies (1) \| Respond to of 8010

Ah Dear Tommaso: Yes, I understood...you are correct about pyramiding!!! But the MSFT example does hold water!!!! I was licensed by the CBOT and know just a tad about commodities. #1 You are again correct - almost all traders in futures - lose their shirt....#2 But not all. Those that do inverse pyramids WITH sufficient coll. - can stay in for major moves and not get whip-sawed #3 You would find it very interesting to look at a chart of silver when Bunker Hunt and his Arab friends bulled it to $50.00!!!!! What you will see are shakeouts, reversals, and spooky chart moves designed to fool the hoi-polloi #4 Bunker and his crowd HAD SILVER CORNERED....until the exchange CHANGED THE RULES to benefit the shorts (wonder who they were???) BWDIK Respectfully, Don