The trend is your friend only if fundamentals supports it. Like skarielarry says, miners are losing money, it costs $19/oz to mine silver; This ridiculous silver can only last for a short while because fundamentals cannot support it! NOW IS THE TIME TO GO LONG!!!
$15.80-$16 is where the covering is taking place. Bankers knows, at this price, there are enough gullibles shorting and potential buyers are standing on sidelines not believing this is bottom.
Listen, it is all a scam, the tech funds shorting and bankers are covering. Once they are done, all they have to do is release an article saying silver is in short demand and Silver will sky rocket to $19 in a matter of a couple of days...There will be no chance for any one who didn't buy or holding a short position to respond! Don't get caught with your pants down!