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

To: Ahmed Elneweihi who wrote (879)	3/13/1998 1:46:00 AM
From: paul ross	Respond to of 8010

Ahmed- O.I. decline in a sideways move is generally a bullish indicator. I'm a little concerned about a move to the downside given some of the other indicators. I have never used Candlesticks so I wouldn't know what a hammer formation was. I generally do very short term trading, though have some of my long term portfolio in silver/silver stocks. I have never found a head and shoulders formation useful in my trading. Lately, the PAASF indicator, O.I changes, and triangles/sideways channels are what I am using. I have been looking recently at silver's seasonal tendencies. 12/94 low 4.50 : 5/95 high 6.12 12/95 low 5.05 : 2/96 high 5.88 12/96 low 4.64 : 3/97 high 5.39 10/97 low 4.63 : 2/98 high 7.40 This pattern didn't work in 92 or 93, but I'm looking at it now as I trade with the other indicators, as I will next fall. PR