Eyerybody and his brother can see the bear wedge in Silver....
or is it a bottom? Haa, that is the question. So I am still
very indifferent in which direction the next move will go. I
suppose this decision will be made by the stock- and not the
silver market.
Funny thing is this guy mentions a few hundred times the death
cross which happened a few days ago. Last time when 50 MA crossed
200 MA was end of September 2012, a golden cross and that was
exactly the TOP!!!!!!
Maybe he is right but I am sticking to Matt's actual opinion:
Good chance for a break down from this wedge but then this could be
a very good buying opportunity
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Will Silver Follow Copper?
Posted by audax on 21st of Mar 2013 at 06:01 am
Following on from the potential bull flag Matt mentioned in ZSL today, here’s an interesting take on silver’s future prospects: http://thefundamentalview.blogspot.in/2013/03/these-next-few-days-could-see.html
Title: silver Eyerybody and his brother
Posted by zwyss on 21st of Mar 2013 at 08:19 am
Eyerybody and his brother can see the bear wedge in Silver.... or is it a bottom? Haa, that is the question. So I am still very indifferent in which direction the next move will go. I suppose this decision will be made by the stock- and not the silver market.
Funny thing is this guy mentions a few hundred times the death cross which happened a few days ago. Last time when 50 MA crossed 200 MA was end of September 2012, a golden cross and that was exactly the TOP!!!!!!
Maybe he is right but I am sticking to Matt's actual opinion: Good chance for a break down from this wedge but then this could be a very good buying opportunity