5 replies to this topic

[SilentOne]

Looks like a good entry point again for silver stocks. I sold yesterday's pop and have accumulated CDE, HL, PAAS, SSRI, and SIL late today. HUI testing support for a 3rd time at the 200 level.

http://bigcharts.mar...&mocktick=1.gif

Divergence on 1-min setting up all day.

A break from these levels down thru 196 - 197 and I will have to exit these positions. Silver is poised to have a good month in February and year.

Also added NEM, KGC, and GSS.

cheers,

john

Edited by SilentOne, 25 January 2005 - 03:21 PM.

[swanstkdh]

Thanks John

[SilentOne]

Well, it looks like they won't drop my holdings in the puke zone just yet.



A pop over $7.00 would get the bullish juices going. May have to wait until next week before we see that though.



If silver gets going next month, scroll back to the summer of 2003. Silver stocks had a great run from that point.

cheers,

john

[hiker]

fyi, news out today that a country is selling several tons of its silver inventory. I am also long SIL...and will be adding on strength above $19.

Edited by hiker, 26 January 2005 - 09:13 AM.

[SilentOne]

No leadership from the metal stocks. Its all metals. I bailed on yesterday's entries for miniscule gains. I'm worried about a spike down, which is the day I want to really load up. cheers, john

[swanstkdh]

I am bailing as welll Swan