Thread: Crash Time
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Old 05-16-2012, 05:51 PM   #35
Corryikilelet

Join Date
Oct 2005
Posts
472
Senior Member
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Silver broke under $27 in a violent stab. We are at the bottom of the regression channel and the dark blue line is the base support long term. Experts think we bottomed out. I am not so sure. I would like to see it settle for a while before I would accept this as bottom. The markets are all messed up so it is just a guessing game.
2012-05-16-Silver.jpg2012-05-16 silver week.jpg

If we break under $25..... next stop is $22.
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