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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (22047)10/13/1998 1:45:00 AM
From: Alski  Respond to of 79298
 
Dougr,
It's not as much fun as the 56er scans, but did you ever drop the A in CADE? Both CDE and HL bounced off uptrends and bottom BB's. Maybe another good short term metals play.
Alski

206.253.217.14
To: +Alski (4114 )
From: +007 Tuesday, Oct 13 1998 1:27AM ET
Reply # of 4116

Silver is up decently tonight suggesting a short-term bottom has been reached. Both CDE and HL appear to be at the bottom of their trend channels and are likely to give trading buy signals tomorrow morning.
Long-termers should be aware that silver hasn't broken out of the downtrend going back to the Feb high. Incidentally, some would see this as bearish for gold because silver often leads gold on major moves (at least that's what they tell me).
OO7