$ Silver $

[romik]

Quote from Ivanovich:

Holy rocket launch, batman! Silver and gold through the roof!

Great!

 

[SethArb]

this could be the week we see silver back at $15

depends on who has more staying power

the large specs or the commercials

 

[romik]

tricky one, there is a strong divergence on the hourly chart, I didn't look at 240 one or daily. Will probably get a shake out before $15, but there is always a but unfortunately. Good luck however you decide to play it.

 

[SethArb]

its rollover week in silver

perhaps the "shakeout" up or down
will wait until this is finished

huge size all night long on the bid in may 07

"spoof" or rollover (?)

 

[SethArb]

well ... it was not "spoof" only size that needed to get done !

 

[katesdp]

Almost 1 year to exact date look at Silver today.

Quote from SethArb:

days like today remind me of the good old days

in the 1980's ....

 

[romik]

Quote from romik:

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 well well

 

[romik]

Looks like there might be some serious short covering tomorrow.

 

[Rtrader2525]

why do you say that??

 

[romik]

Because there is huge commercial short in silver and charts are extremely bullish into tomorrow.

Now, I don't really give a flying F! what exactly happens tomorrow as I was ready to hold SLVs for a long time, but if any of you are thinking of shorting thinking this will be a double top and nothing else, then I would urge you to be very very careful.