http://www.cnbc.com/id/42726288
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Been keeping my eye on SLV since late 2009; I'm timid newbie to investing...too bad I should have been participating! Was happy to recently discover the discussion and participation here. Wondering what you folks are thinking about the current move?
Hi Mapper -
We talk about Silver a lot over on ETF Talk (www.etftalk.com/forum). This was my take on silver, which I wrote the other day...
http://www.etftalk.com/forum/showthr...=3662#post3662
"I'm looking for a pullback to 37-40 - enough of a scare for the big boys to get rid of us little guys. A 400% gain is parabolic and when these finally pull back, they can be scary. Whether it happens now or over the summer, look for a sharp pullback that should be able to be bought once the 50-day EMA is tested."
http://www.etftalk.com/images/forum/slv1.gif
I am thinking we're near a bottom on Silver prices this week. Anybody else looking at the price of an ounce of silver?
Ohh. Ugly chart. Is that a technical, fundamental, or gut feeling analysis? I know you have a good antennae for big moves.
Nice little 3-day rally in silver. Back over $16 for first time since June.