$ Silver $

trader ... those charts were not updated ... that is why you see
what you are seeing on them


ivan ... romik takes a "long term" view ... if you are willing to hold for 2007 and not leverage any positions you have ... you might
do ok ... but lets remember that silver has the ability to drop
just as quickly if not more than rally
in fact my worst loss last yr came from looking for silver to drop
and then when it was dropping ... going long

:eek:
 
Quote from Ivanovich:

SO you see it goin to 15 then?

Can I ask when this is going to come true?

Quote from romik:

IMO Silver is a definite buy, there probably will be another dip towards 200ma, on another hand it might not. RSI, as always, leading the way in showing us early signs of recovery from pullback, MACD to follow. IMO it might dip towards $11.50 and that should be just an almost ideal buying opportunity expecting $15 area re-test & I am most definitely banking on eventually breaking $15, it might take a few attempts to do so, but it can also happen pretty sudden, considering commercial short position, which apparently is still there.

I think as early as the next up wave, which is almost upon us IMO.
 
silver ... funny ... when it is strong ... it is really strong

and of course when it is weak ... it can be reallt weak

today it is strong up 18 cents presently
 
As far as I am concerned it's heading for a re-test of 15 & a breakout, I have not idea on when 15 will become support (edited), just faith :)
 
well it seems like on valentines day ... anybody buying silver for their sweetie ... will have to pay over $14.00 spot again !

( at least for this am )

:)
 
i SHARES has increaseed their silver holdings backing their ETF last few week in london.......

silv has high correlation with gold as hong kong inreases thier gold reservies

so this is a legit trend

however

everytime we hit 13.50/14.00 level last year

it followed by a violent drop, so thinking the same might happen again if we start to consolidate but it wont happen this week as therre is still upsid epottential
 
interesting action today on comex ... as silver market opened

someone went high bid @ $14.03 for only 300 contracts in march 2007 futures

duh .... we went higher after this size stayed on the bid ~

later in the day we came off and even settled on Comex

under $14.00 figure ... but overnight in Asian trading

we are back above $14.00 again but the volume is sloppy

and who the heck knows what tomm will bring ...
and if we will pay more attn to oil than the movements
of the dollar ... or vis - versa

of course there is always the gold market to watch

plus the other metals and during the day the XAU
 
Back
Top