XJO 0.65% 7,912.2 s&p/asx 200

friday, page-52

  1. 1,374 Posts.
    ret...

    last stages of a bubble trend are
    always inflated by the inexperienced
    and on the otherside early short positions
    covering so its a bit of an 'oxy moron' at
    this stage of the cycle...

    i have broken the silver price down
    manually with timed cycles and i am
    expecting a 40 wk low...

    the pattern is not dissimilar to the XJO
    from oct 09 to feb 10, the key will be how
    far this new 40w cycle can push upwards...

    although it looks like an unfolding A B C
    corrective pattern, u just cant underestimate
    the 'herd mentality' with stretching the upward
    bias possibly on the 'b' wave...


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