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basserdan

01/30/03 10:31 PM

#70318 RE: mlsoft #69931

Hi Mlsoft and fellow Gold Bulls,

Dan...
"I hope so - as part of the morning ramp, they slammed gold while pumping the $USD, so it may be a good opportunity."
mlsoft


While that early morning 'slam and jam' wasn't very effective or long lasting, it did afford me the opportunity to pick up a goodly of silver mining shares at relatively decent prices.

I'm pretty much ticketed to ride with my Gold miners, but would enjoy seeing a retest of the $332-$338 level one more time to top off my tanks before we depart these areas in search of 'greener pastures.'

I've been accumulationg some Ag miners in this $474-$480 PoS area for the past week as I think silver is getting primed to lose it's 'redheaded stepson image' by making a breakout worthy of a thoroughbred.

Imo, silver bottomed out in early october and has formed a formidable series of higher hi's and higher lo's that has culminated in a double top just above $4.90 before pulling back for what I believe to be one of a series of runs that will result in the breakout mentioned above The broad banded resistance pretty much ends at the $5.00 level with a couple of spikes carying into the teens. Above that, the next 10 to 20% gain should be acomplished without too much effort.

Being a non technician at heart, I would really appreciate any additional technical impressions/opinions of this chart from the October point of reference.

http://www.sharelynx.net/Markets/Charts/Silver.htm

Where is that augieboo or ajtj when I need them? <GG>

You might find these silvercentric articles to be of value...

SILVER: A SMALL OR TINY MARKET?
The information within is not a recommendation to buy or sell anything
http://www.gold-eagle.com/editorials_03/wallybently013103.html

Silver & Cardero Resources
http://news.goldseek.com/GoldIsMoney/1043512918.php

Disclaimer: I do not own, nor am I recommending Cardero Resources!

Regards,
Dan