============== Short-Trend Great long term uptrend$-like 'em[silver, gold....] Frankly gold,GLD is a much better uptrend, most time frames; but SLV,silver still looks mostly real bearish. except for the long term uptrend. %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
Careful with overnight gaps on SLV, check out 5/2/11, the gap doesn't always fill. Looks like SLV wants to head higher for now.
Silver will not make new highs, be careful please It is a hope trade and nothing more OMG gold at high silver should be @ high omg opportunity yes ! feed me $$$$$$$$$$$$$$$ silver ain't gold, take profits quickly..... sell to the morons
=========== It [silver, SLV ], does look bearish on [downsloping]50 day moving average, weaker buy volume.Gold ,GLD looks like a better uptrend. Actually tried to buy some some silver today, but the silver dealer was so bullish we never could agree on a price, so that is also bearish short term. Long term trend looks fine for silver uptrend.
i am pretty short SLV, long GLD/SIL...just because SLV has been outperforming GLD & SIL by a far margin, hoping the performance will converge soon. got burned today though.