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Silver Wheaton Corp. Message Board

  • Dick_Butkiss Dick_Butkiss Sep 19, 2005 8:16 PM Flag

    today's action bullish or bearish??

    quite a reversal, question is where does it take us next?

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    • just some noise.the stocks in the sector had monster runs,the the normal markets were selling off pretty bad.i don't read much into it-other than FED watch time.i think the fed raising a quarter is in the dollar,and everything else,so the suprise would be a stop,and if that happens the normal markets will take off,and with it the gold/silver stocks,since a FED pause would hurt the dollar.ths action in gold/silver looked solid today,and the long term set up is coming into view.for right now,i'm well positioned for a major PM move i think we are close to,and i think the best gains will come to those who can sit on thier hands for a bit and not try to catch every move.but then i could be wrong........

12.59-0.10(-0.79%)Nov 27 1:02 PMEST