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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (23518)8/12/2011 7:31:25 PM
From: chartseer  Read Replies (1) | Respond to of 219481
 
I am not as sure about silver as you are. If market rally continues silver may back up a bit. I am expecting rally to continue at the moment.Talking head on CNBC says people are losing purchasing power buying treasuries at these rates below rate of inflation.



To: GROUND ZERO™ who wrote (23518)8/14/2011 5:19:00 PM
From: mazel-tov1 Recommendation  Read Replies (1) | Respond to of 219481
 
I hope you are right but I think the jury is still out on whether silver moves up from here.

The outside reversal day with the down close was a bit of a bummer and I'd like to see silver take out the highs of that day. If that happened, I'd have a higher level of confidence that we have resumed the uptrend in silver.