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#1 fib_1618

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Posted 03 December 2003 - 09:11 PM

Again for perspective.

Fib

The longer term declining tops line has now been violated - with a move up to the 10 year overhead resistance area noted on the chart - near the $6.00 level - as the probable price objective short term.


http://stockcharts.c...11429271,Y].gif

The weekly chart continues to be tracing out a possible rounding bottom, with the 5.50 price level the key area near term.

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$silver,uu[w,a]wallnnay[pc55][ilb8!lm8!ll8]&r=4215.gif

The daily chart is looking very constructive as well - and supports the above comments on the monthly and weekly time frames.

http://stockcharts.c...14833941,Y].gif

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#2 PIK.

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Posted 21 December 2003 - 09:02 PM

Ever notice how quite things are down here? Keep an eye on this. I have been accumulating the physical metal this year, no specific stocks as of yet.


http://stockcharts.c...22476937,Y].gif
Trade based on what you see happening, not what someone else thinks or hopes will happen.