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Silver Wheaton Corp. Message Board

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  • reticiiz reticiiz Jun 16, 2009 7:17 PM Flag

    A market "probabilities" newsletter says we may bounce next three days.

    I got my 1000 shares back today but IMO this is another 4-6 week correction I wouldn't be surprised to see 8.20 area by Friday. General market may be in a process of rolling over as well and if that's the case we may still have some great deals coming in the next weeks and possibly months. If the markets are in a process of rolling over I'm guessing we'll get initial hit like last year but won't be as hard as it was then and IMO PMs especially gold will began to rally earlier and with it silver too. I still think 1200 gold and 20 silver is in cards by end of the year even if markets began to crash. I hope I'm wrong but I doubt we'll see SLW at 10 this week.

11.68-0.15(-1.27%)Sep 2 4:02 PMEDT