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IMPORTANT: Wednesday May 19, '04


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Elliott Wave--

 

Hopeefully, there's a chart attached.

 

Looks like we're in a 3rd of a 3rd.

 

Major 1 and 2 were last week,ending Friday.

 

Minor 1and 2 started Friday and ended yesterday afternoon.

 

 

 

 

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post-11-1084984009.gif

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Any sell short stops in, Fishhead?

 

FWIW, I reckon one more move down before some kind of more enduring bounce.

 

Everyone sort of looking for the one more down move. I wonder if they will be shorting in anticipation of it?

 

If the "one more down" does not come, there will be alot of traders who were left in the dust.

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WTZ has been acting surprisingly strong for 2 weeks, then I found this article... I was unaware, maybe some of you are too..

 

http://biz.yahoo.com/bw/040503/36224_1.html

 

 

Press Release Source: Western Silver Corporation

 

Western Silver Intersects Bonanza-Grade Gold at Penasquito

Monday May 3, 8:16 pm ET

Penasco results include 160 meters averaging 8.37 grams per tonne gold

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DJNews

gasoline futures a new high on renewed supply fears.

 

Bush says "will not play politics with SPR"

 

(I think the military would off any fool that tried) JMO

 

Wants to drill in Alaska (good luck, inflation is a lock folks)

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