COMEX SILVER FUTURES SOAR AT OPENING
Comex silver futures opened 15 to 18
cents higher and then retreated slightly as followthrough
buying slowed.
    May was up 12.5 cents at 6.705 dlrs from a high of 6.75
dlrs. July was up 13.1 cents at 6.785 dlrs from 6.84 dlrs.
    Traders said large commission houses were buyers on the
open but encountered profit-taking and a slowdown in orders.
    Some traders said the market is starting to look overbought
technically and vulnerable to a correction.
    But they added that speculators continue to view the market
as a good buy relative to gold.
 Reuter
