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sagan

04/11/06 9:02 AM

#2154 RE: silver_bars #2150

I wasn't so sure about your initial prediction at first, but it looks like it might carry to the high side now. Good job.
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Cardinal Richelieu

04/11/06 10:26 AM

#2159 RE: silver_bars #2150

Silver will reach its next intermediate top on or about the day the silver EFT starts trading.

Then, it will throw all those new riders off with a .382 Fib haircut; the resumption of the rally will take it to the Hunt brothers' 1980 high in the $50 range. At this point, the EFT buyers will be back again to be bent over the rail and the barbwire-wrapped fencepost - made of silver, of course - inserted again.

After another correction - maybe .382, maybe .5 - silver makes the "third of a third of a third" wave to $100+


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