Thursday, January 19, 2006


Here is an updated hourly chart showing pit and electronic trading in March silver futures.

As you know I think this market is now on its way to 750. Today I see resistance at 907 and from there I expect the market to drop to 825. The latter level is the bottom of the second 56 cent box down from 935. The first box was defined by the intial break from 935 to 879.

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