ROGER WROTE

MARKET COMMENTS--

1)In my opinion----the market has reached the final top. A friend and I who

together have over 100 years of market study, agree. We studied ABOVE THE

GREEN LINE on public chart lists from stockcharts.com. Anything from one

minute to 15 minute to hourly, daily, weekly and monthly charts. Elliott wave,

advance decline for nyse and nasdaq, new hi/lows, etc.-----------Many reverse

wave(megaphone picture) tops and bottoms. -------AND, if I remember my elliott

schooling correctly, last weeks drop had 5 (short term)elliott waves down

which should not happen if the bull trend was to continue.

---------------------IF this analysis is correct, all we truly know is that

the direction is now DOWN. How fast, how far is unknown.

2)Please go to gold-eagle.com and read the articles by Dr Robert McHugh,

Mark Lundeen, and Jordan Roy-Byrne under editorials. Mchugh talks about a "cup

and handle" chart pattern and what it might mean. Lundeen shows the same

pattern without naming it. Jordan shows three charts showing how gold is

historically VERY under priced.

3)Last week Jeff Clark showed a chart of $silver that looked like a couple

of $5 wide parallel lines. Top line is about $28. Breaking above he calls for

about $30. I say flip the $5 wide chart over and target $33. -----PS---the

chart of Hecla--HL-- is almost a twin. Will silver break out above 28, who

knows???  I currently own no Hecla but will buy some this coming week.

4)Skeptical??? Please study $NAAD on stockcharts.com. The Nasdaq advance

decline line peaked in Feb. Divergence between price and momentum.

5)What to do??? In my opinion, own some gold or silver metal and likely some

mining stocks. Have at least "mental stops" on other stocks.

6)Folks might feel that I am nothing but a "gold bug". In the last year I

have traded bit coin stocks, marijuana stocks, high dividend stocks, and oils.

Still own dividend, oil, and special situation stocks. I want to copy what Jim

Rogers said in an interview. He said he sells buying panics, buys selling

panics, and invests in "catalyst" stocks. Otherwise---sit in cash.