Posted 15 February 2005 - 08:34 AM
Oh, BTW the 62% retrace of the last leg down comes in about $7.45. I'll be selling my larger PM positions for the trade today. Jeff Kern has a probable small sell for Tuesday's close and somehow his calls always seem to come on the exact day. I have never figured out how that happens.
Reentry will be as soon as Friday as the HUI retraces to 203 - 206 level. Good luck.
CDE, HL, WTZ nice moves. Disappointed with SIL, but then I think this is a LT hold anyway. My FR.V ripped yesterday. I'll be posting some silver juniors for study later this week.
cheers,
john
PS exited all my alternative energy plays the last few days. BCON pop was nice yesterday. Broad stock market top most likely this week and after all, they are stocks.
Edited by SilentOne, 15 February 2005 - 08:38 AM.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain