Registered: Apr 2012
Posts: 6

Hey guys, this is my first post here.

Anyone else into trading Silver? If so then give me your thoughts on this piece here.

http://www.daltonfinancialnews.com/..._on_silver.html

I've seen a few other places pick up on the inverted head and shoulders, but not too many to point out the possible descending triangle. Which looks more likely to you?

Registered: Dec 2001
Posts: 6273

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Quote from LIB3RTY:

Hey guys, this is my first post here.

Anyone else into trading Silver? If so then give me your thoughts on this piece here.

http://www.daltonfinancialnews.com/..._on_silver.html

I've seen a few other places pick up on the inverted head and shoulders, but not too many to point out the possible descending triangle. Which looks more likely to you?

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Liberty-Trend
I like to look @ lots of silver, SLV charts also;
longest term charts are bullish buy/uptrending..............................

But one year chart is is bearish;
looks like its going down. Buy volume is weak which can be bullish or bearish -looks bearish here..

A silver dealer mailed me & called me wanting to sell some silver . I told him yes i like silver and mentioned an unforgettable picture of a grizzley bear with a silver bar in its mouth.LOL


Wisdom is profitable to direct-not a prediction , simply probabilities Another local silver dealer always buys;
never sells........................................

Registered: Apr 2012
Posts: 6

Yes. Long term is definately bullish. You see that giant cup and the handle forming at the bottom of the article? Wow is all I can say.

Registered: Dec 2001
Posts: 6273

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Quote from LIB3RTY:

Yes. Long term is definately bullish. You see that giant cup and the handle forming at the bottom of the article? Wow is all I can say.

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I like William O'Neil, one of the 1st cup with handle publishers Long term silver still shines.

And while i never really considered $32 sell area as important as $50 or $55+/long term

A local cash silver & metals dealer said he likes selling silver @$32;
i see his point I study trends more, but lots of trend traders/investors selling silver.
GLD, gold looks like a better uptrend on a 1 year chart, but none of these are predictions.

Registered: Apr 2012
Posts: 516

In process of selling my gold but looking to buy other precious metal that hasn't topped yet. What other should i buy here?

Registered: Apr 2012
Posts: 6

Hard to say which to buy. In all honesty I would probably just sit on the cash for a little while. I am waiting for some solid bottoms to form before I go long any commodity.

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