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Silver does seem to be setting up for another run to the upside. Many
traders are looking for it to run as high as ten
pb
Renate Muldowney wrote:
>
> Rt'ers
>
> Silver ...went up nicely today
> heading to the feb-april down sloping trend line ...near where a turn is
> likely
> according to alan andrews.
>
> 565-6 basis sept would be a picture perfet place tomorrow this is due to
> the intersection of certian lines.
> That would be up about 4% from today.
>
> Elliott would call this an ABCDE
> For this to occur it would take painc buying for an hour or two.
>
> Andrews also suggested that prices turn on the day of the intersection of
> the lines if
> prices do not get there.
> In either case it is probablly not the time to sing bullish silver songs
>
> RM
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