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Norman,
Can you give a couple of reasons why you expect silver to move up so
quidckly?
Thanks,
Brad
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
Norman
Winski
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, May 10, 2004 5:38 PM
Subject: Re: [RT] SP 5-10-04
Monday Night Update:
My sentiment indicator popped back into buy territory
tonight, making it two out of three days, again indicating a probable low
within 1-2 days. I have several short term projections pointing to
the 1070 area +/- two as a key area for the S&P. I will consider
buying on a dip to circa 1070 on Tuesday. You may remember I
previously mentioned a short term cycle which would cause a 1-2%
correction beginning May 7? That was based on Mars entering
Cancer. In addition to effecting the stock market, Cancer rules
Silver. It often takes 1-2 days for a market to turn once
Mars enters its sign. Looks like Silver may have made low
Monday morning. I went long July at 559. Check it
out. It could be $1 higher by next week.
Regards,
Norman
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Norman
Winski
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, May 10, 2004 7:49
PM
Subject: Re: [RT] SP 5-6-04
Howdy Delta,
Congrats! Looks like you were right. I am still
expecting a
powerful turning point circa May 17.
Regards,
Norman
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
<A title=delta88343@xxxxxxx
href="">delta88343@xxxxxxx
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, May 06, 2004 9:09
PM
Subject: [RT] SP 5-6-04
As suspected, this move up was weak. This does not bode well for the
bulls. If we don't close above 1122 tomorrow or shortly thereafter,
this high would be 2 days early which is nothing too terrible, but due to
the tough time this market has had moving up this week is an indication of
weakness. Since the next low point is due in a week or so,
and considering the weakness we saw this week, we could have some
real problems here.
Could easily take out the lows of 3/24 I would think.
Is anyone seeing the same thing?
See attached chart if so inclined.
<IMG
src="">
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