AYN 0.00% 0.1¢ alcyone resources ltd

big drop in silver price, page-19

  1. 30,924 Posts.
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    Ange08, if you REALLY followed silver, you would know that this drop is hardly significant. Go back to May 06, or the July to Oct 08 drops.

    This is the silver bull, and he'll do all he can to throw you off. So far now we've had a 20% fall from a low volume top, in reality more like a 15% fall from a meaningful figure.

    If you think the bull is over, you've already sold. If you think it is still intact, this will soon seem like a blip. But remember it. The next blip at $85 might be bigger!!

    Of course AYN fell. The whole market fell, for two or three days, and silver went down too - how could AYN not get trashed?

    Good luck to anyone trading these swings.
 
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