SPDR S&P 500 (SPY)

[optionslearner]

k9painter....SILVER should be Exponential!


SILVER has many things going for it in My View!....First it generally performs relative to Gold; Second it is more Volatile and currently askew from its Historical Mean which could be powerful if/when regression starts; Third it has "Wild Card" attributes such as the recent writings of Ted Butler have indicated; Fourth it also has Industrial use/consumption and supply/demand factors influencing it!...Nobody Knows if/when SILVER could rally But I like the chances of it Moving toward and beyond the 50 Day MA in near-term and eventually moving over the 200 Day MA into a New Bull for it!

That's Just My Guesstimate as they All are and as you know I Guesstimated SPY 205 before 2014 year-end when many thought it was down and out back in October and remain Bullish for SPY Now!

If you Like SILVER (and many don't which is good in my view)...Consider Looking into 2 Speculative Plays $AXU Alexco Resource and $SVM Silvercorp Metals...They Could do well if SILVER has a Breakout!!!