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Re: basserdan post# 70318

Thursday, 01/30/2003 10:55:44 PM

Thursday, January 30, 2003 10:55:44 PM

Post# of 704041
Dan...

Hope you do well with your silver - I know even less about silver than I do gold, so I will stick with the yellow stuff.

As for your chart, it is an interesting one. After completing a double top, silver came down and has completed an picture perfect inverted head and shoulders bottom. It is now into the heavy congestion of the middle point of the double top, and that has caused some consolidation in this area. Once it clears that area, there will be more resistance at the double top range, between $5 and 5.12 or so. A breakout above that could give it a good run, especially with the short interest in silver. If it gets close, it would not shock me to hear that Gates or Buffett came in and gave it a little "goose" to get it running.

Good luck to you.

mlsoft

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