silver - who's ready, page-8

re: silver - who's ready - chart Hi woddonnee,

as much as I hate to be infusing a little pessimism to the conversation - particularly as I am a holder of a reasonable amount of physical silver - try running a line from the original high in 1897 through the high in 1995 and see what you see.

I see continued resistance with two subsequent retests of the high '96 and '97 followed by the dramatic breakout late '97 early 1998.

This was then followed by a dramatic reversal with the falling resistance becoming a falling support.

At least in any event the result is higher highs and higher lows but not necessarily such that would see everyone rolling in (well not green cause thats why we're playing in PM's, LOL) but major gains in very short terms.

The cycle looks like four years?