Tsafi

[popeyej]

I posted a few weeks ago that I expected a 10 to 15% drop but it didn't happen until now. We were a bit overdue. The reason that I feel that the drop is about over is because of the pullbacks in the past. Following are the Friday closing prices on the largest drops in silver over the past four years.

4-8-04----$8.14
5-7-04----$5.56 a 31.7$ drop

12-3-04---$7.99
12-10-04--$6.68 a 16.4% drop

5-12-06---$14.21
6-16-06---$10.31 a 28.7% drop

8-25-06---$12.33
9-15-06---$10.72 a 13% drop

2-23-07---$14.49
3-2-07----$12.82 an 11.5% drop

7-20-07---$13.28
8-17-07---$11.73 an 11.7% drop

3-14-08---$20.67
Today-----$18.35 an 11.2% drop