Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 671.91

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Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (49473)	4/30/2013 8:07:01 PM
From: Machaon	Read Replies (1) of 218840

Thanks for your take on gold/silver and the chart! I'm currently in SLV. I was kinda hoping that it would make it's way back to around $27. I have almost always averaged down. I'll pick up a small amount of an investment, that I like, that I feel is either oversold, or has more room to go higher, and then, if necessary, I'll painfully and patiently average it down. Anyways, that is what I've done so far with SLV. It's hard to find something, to average down, when everything is up so high. Silver looked oversold, so I jumped on it a couple of weeks ago. After reading your evaluation of gold/silver, I will definitely be keeping my eyes and ears open, with my finger close to the trade button. Is there much of a possibility, or some probability for that wedge will open up a little, giving a bullish or neutral signal? Thanks!

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