Friday, November 18, 2011

all of a sudden, silver shoots up 3%

All of a sudden, silver's up 3% from yesterday's close. Which, yes, is still down 3% from Wednesday's close. But here I was, screaming at the top of my lungs that $HUI didn't deserve to gap down this week so hard like it did in September, because we didn't have the same reason for a hard-down.

I dunno what'll make the RSI(8) print sub-30... but 550 looks like a good place to start getting back into the market, if you're more disciplined than me and still have a pile of cash.

1 comment:

  1. good call, but in the end opposing Turd Ferguson and his band of headless chikkinz isn't a tough decision.

    ReplyDelete

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