BOTTOM ?
Posted: Fri Jun 28, 2013 9:46 am
slvrbck wrote:I was thinking the same thing. However if we're all thinking bottom we probably have further to fall.
barrytrot wrote:It has been a few days since the "L" was in our favor. It feels good even if it is temporary
neilgin1 wrote:barrytrot wrote:It has been a few days since the "L" was in our favor. It feels good even if it is temporary
its real....watch.
InfleXion wrote:Just had a thought, any chance this is short covering before options expiry? A new month is approaching...
Country wrote:When will we know if the speculator CME short position has been reduced?
Country wrote:This spike needs a strong follow through confirmation next week to march higher away from these levels. If sentiment change has occurred, shorts will be scrambling to their bear caves. I can hardly wait! It might take awhile, but if it is a true change, sovereign buying should recommence. Certainly, a retest of some sorts needs to occur also. While a vicious downtrend is very quick usually, the new uptrend cycle will grind slowly higher.
Regardless, isn't this a good way to end the week!
barrytrot wrote:neilgin1 wrote:barrytrot wrote:It has been a few days since the "L" was in our favor. It feels good even if it is temporary
its real....watch.
And of course my few ounces of the real hard stuff
Coppercrazy wrote::P okay some of you guys have charts all at the tips of your fingertips,when was the last time silver gained this big of a % in a day,or at least when was the last daily gain over 1.10? cheers! ha!
Country wrote:Coppercrazy wrote::P okay some of you guys have charts all at the tips of your fingertips,when was the last time silver gained this big of a % in a day,or at least when was the last daily gain over 1.10? cheers! ha!
Today's gain was +6.21% (+$1.15)
(London Fix)
Feb 28, 2012 - $35.60
Feb, 29, 2012 - $37.23
This was the last time SILVER gained more than $1.15, but the percentage increase was smaller.
I have no idea when SILVER gained more than 6.21% previously !! It must a long time ago in the first decade of the 21st century.
Coppercrazy wrote::P okay some of you guys have charts all at the tips of your fingertips,when was the last time silver gained this big of a % in a day,or at least when was the last daily gain over 1.10? cheers! ha!
barrytrot wrote:Interesting that the other "giant leaps" have been harbingers of BAD and not GOOD.
This time - who knows