SILVER 0.30% $15.25 silver futures

why investors are buying silver ..., page-24

  1. 1,361 Posts.
    IMO, ignore volt's ideas at your own peril. You will regret it one day, I can guarantee that.

    Silver has topped, it's as simple as that. Until it makes a new high with some some consolidation first, there is no way I would go long, no matter what I was on.

    See attached chart for obvious topping, lol. I have marked areas of possible support, but due to the parabolic nature of the chart, I would be more inclined to trade to the short side, than to the long.

    Still, who is to say what 'parabolic' really is. It still could get very crazy and hit $100 in a month or two. That would be fun and very possible IMO.

    http://dl.dropbox.com/u/24418959/silver%20-%2026.4.11.jpg

    When a thread is so heavily biased and nobody will admit downside risk is when some will make there greatest profits. I live for it and it's all too easy :p

    Watch and learn peeps.
    And if you read my post and say, nah, can't happen, then good, I'm on the right track.
 
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