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Silver Wheaton Corp. Message Board

  • bullion_funds_for_suckers bullion_funds_for_suckers Feb 21, 2013 10:12 AM Flag

    SLW deadcat bounce is less than impressive

     

    The sick stock can not even manage a mere 50% retracement of yesterday's sharp drop and that is tremendously bearish by every technical definition

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    • Please don't share this with anybody but all the commodities got whacked yesterday silver and gold most notably among them. Moving on to today, please note that with the #$%$ first time jobless numbers and the Philly Fed #'s for February everyone who was convinced that the Bernank would stop monetizing the debt immediately have now had a time to reconsider their decision. QE5, 6, 7, 8...are all headed our way.

      Sentiment: Hold

 
SLW
25.04+0.19(+0.76%)1:36 PMEDT

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