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Silver Wheaton Corp. Message Board

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  • jermarge2000 jermarge2000 Dec 4, 2012 1:45 AM Flag

    Bottomed

    Gold & silver just tanked in Hong Kong, they must go even lower to correct the overbought condition on the charts. The miners and streamers must go up hard to correct their extreme oversold condition. They aren't likely to go up tomorrow due to the gold & silver slide. Tomorrow would be a good opportunity to examine the charts & establish your positions.
    Long silver & short miners works 'till it doesn't. It doesn't work when above ground supply vanishes.
    This would be the time to festoon the tree with miner & streamer stock & option certificates.

    No Guts, No Glooory

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