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Silver Wheaton Corp. Message Board

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  • ms_ratio ms_ratio May 24, 2011 12:40 PM Flag

    Still looking for a red close

    You are reading to much in to this one day of action...first SLW would have to break the 200 day mva at 33.78 on convincing volume and then if the decline was not met by a drop in silver itself at the same time it probably would stabilize at 32 ...if that did not hold upper 20s are likely..most of the bad news for silver is priced in at this point and SLW is reflecting most everything already...IMHO

18.20-0.64(-3.40%)May 27 4:02 PMEDT