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To: Cicero; ExSES; djf; Freedom4US; Travis McGee
Corrections in a bull market are usually brief but sharp.

Silver took a bath yesterday and this morning / now at $12.53. However, I like the 12's and bought 2 more 100's.
Goes into the 11's, I'll get another 3! And sit on 'em!

218 posted on 04/20/2006 11:18:22 AM PDT by Sic Luceat Lux
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To: Sic Luceat Lux

Yup.

This was just profit taking. I think we will see a major rebound in Asia tonight, but maybe not all the way back to 14.50


220 posted on 04/20/2006 11:32:27 AM PDT by djf (Bedtime story: Once upon a time, they snuck on the boat and threw the tea over. In a land far away..)
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To: Sic Luceat Lux

I expect gold and silver to continue to correct until toward the end of next week. We could get a mild up day tomorrow, but it will take a week for this correction to run its course.

Note that I posted that warning before the price fell in Asia.

I happen to agree with you that this is a very good time to invest in silver and/or gold. But I would wait another week to do it.


224 posted on 04/20/2006 4:40:14 PM PDT by Cicero (Marcus Tullius)
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