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Silver Wheaton Corp. Message Board

  • PBernhardt PBernhardt Mar 2, 2007 11:09 AM Flag


    SLW is trading below its 200 ema. The 20 just crossed below the 50 ema and all the momentum indicators are in oversold territory on the daily.

    It may be a bit early yet, but the last time SLW was trading like this it proved to be an excellent buying opportunity.

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    • I do not like what is going on. Mr. Paulson and Mr. Rueban(sorry if it's the incorrect spelling). When I saw Mr. Paulson yesterday on Meet the Press, he reminds me of Clinton's Rueban guy and I have painful experiences with Mr. Rueban, He lost me alot of money! Paulson and Rueban hate gold! By the way, for what it's worth, I feel that politicians are bought and paid for by whoever gives them the most money and that is the government that we will have of what they want us to have! The rest of us are too busy working! I have some money in GSS but would like to buy more at a lower price. Gold will outperform others IMO in the distant future!

    • i agree. last time it dropped to this range, it ran back up under 11. i bet we could see the 8's before going higher since this market in general isn't done selling off.

    • I sold today some of my shares of SLW because of the increase in volume on the downside and breaking the 50 and 200 dma. I still hold some shares because I like the company, but I sold some to buy GSS because of their fundamentals and to diversify into the gold sector. I do not understand why SLW is down so much given the good earnings and that the price of silver is still high, but who am I to reason why, I just follow the tech. picture of a stock!

      • 2 Replies to larryland103
      • LOL - Strange world. I was ready to take profits on GSS and buy SLW, but got stopped out of another and bought SLW here instead.

        I guess we can all agree that PM's are still good buys fundamentally but technically some are better at different times. I like silver on the dips.. it usually explodes to the upside..

        SLW really hasn't corrected too badly.. I expect a huge jump in price. Hopefully the long term trend up will continue shortly

    • cjc451 Mar 2, 2007 4:32 PM Flag

      Good post about time someone posted soemthing of value this board is full of idiots TED 350 and gold sihouette one in the same . calling Barnes and nasty kiddies crap on ognore .

      I agree with your sentiment buy now sell later 9-12 is the channel.

    • just bought a few 1000 shares... slw should rebound a bit as slv has.. slw currently just below the intermediate trend line.. crossing fingers we close above that..

      Good luck... this market is a byatch

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