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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 688.93+0.5%4:00 PM EST
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To: ayn rand who wrote (14955)3/4/2011 4:21:26 PM
From: Honey_Bee  Read Replies (1) of 222219
 
ayn rand,

I'm confused by this article....Am I reading this correctly? Silver will likely go up, but it will also go down?

"......we would not be surprised to
see silver challenging $40 in the coming weeks. Nevertheless, due to its
historically high volatility, we would caution the potential downside for
silver, with the metal in our view probably falling to below $30 at its lowest
point in May, something very likely, given the growing pessimism regarding the
economic outlook.''"

.
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