*People who've been following me for a while know I used to post charts I used to edit on a somewhat regular basis, but all this year I haven't, in fact, the last time I posted a $ILVER chart was quite long ago, I pointed out the major buy signal, I believe this was when $ILVER was in the $8's, it than proceeded to run to just under $10 flat, pulled back, and of course, we saw it recently spike to $15...
*Now I see this!>>>
*Translation of the chart: Friday's $12.15 low might be the equivalent of the $9.05 low from February which proceeded a 2 month move that basically took $ILVER more or less straight to the $14.74 high!
A gain of $5.69 or +62.87%!
***Should $12.15 hold, than we will see the next wave target $17.84 or greater...
***CLICK HERE>>> #msg-9007547 <<<TO SEE THE LAST TIME I FELT THE NECESITY TO EDIT AND POST A ($ILVER/SILVER) CHART FOR YOUR VIEWING PLEASURES***<<<POSTED ON DEC. 25, 2005!
12/25/2005: roguedolphin responds: "Silver looks like it's settnig up for low risk entry on the long side....I'm going to try to probe the long side here on the futures soon." http://www.investorshub.com/boards/replies.asp?msg=9007547
Another response from 12/27/2005, in #msg-9008644 I say: "*roguedolphin, let me know what you do and I'll be right next to you taking physical off the market, also did you hear about the warehouses off the electronic exchanges have been slow or delaying shipment to those who are settling their contracts and demanding the physical! So, hey you never know, maybe you'll decide to take a ton of $ilver from these cricked warehouses, I really see the potential for a $ILVER crisis coming in which you can benefit from the price of $ILVER being unwound into a grossly underestimated BULL MARKET after 25 years of PRICE MANIPULATION!!!... My LOWEST target that I'D PERSONALLY SELL PHYSICAL SILVER is at $40/OUNCE!!!>>>"
***FINAL TRANSLATION: $12.15 & LOWER IS A MAJOR BUY SPOT FOR PHYSICAL $ILVER AND THE CONTRACTS AT THIS POINT IN TIME!!!***
...of course, that's if you can get those type of prices, some may look back as the $12's being the last great buy spot before $ILVER took off and grew up into something more than just a "teenager!"...