Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (1096)	9/20/1998 8:45:00 AM
From: ForYourEyesOnly	Read Replies (2) \| Respond to of 81781

Request for help from Chartists: I'm trying to figure out what the odds are that silver will either stay flat (hold support) or move up in yen terms. In yen terms, it looks like it's in a critical area (200 - 210 yen) that served as a resistance point since 1994, and was finally broken in late 97. Now will it be able to hold this as a support level? Weekly silver in yen: www2q.meshnet.or.jp or member.nifty.ne.jp In $ terms it crashed through $5.00 & has bounced back, but will it hold $5 or slide back down to resume the downward course?? Weekly silver in $: tfc-charts.w2d.com I like the long term silver bull story, but at the same time I don't want to take a position until the price action is going in the right direction. Any comments/wisdom regarding the odds that silver will hold the 200 yen mark??? Looking forward to comments/discussion/advice from the local chartists!! THC