Saturday, October 22, 2005

Silver Is Looking Good

Thursday, intra day, silver went down to its 8 week long trend line, bounced off of it and close near its highs of the day.

Friday, intra day, silver went down to its 8 week long trend line, bounced off of it and closed at its highs of the day.

Silver is looking good, acting strong.

You can see those bounces on this daily bar chart of silver.

460 is good support for gold.

"better to be on the fringe strategically planning than be in the middle of the fray getting trampled." - unknown

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