AI
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Friday, May 26, 2006 10:42:07 AM
***$ILVER, ANOTHER CHART IDENTIFIES "MAX PAIN"***
*I'm still mightily bullish, and I think the recent dip into the $11's was more opportunistic than anything else, as we all know, volatility in $ILVER has increased drastically since the start of this year...
*Should we be formulating a similar technical formation as just before the break of $11, than my target of $18 may begin to look quite modest as some are even forecasting $20 and $25 coming later this year!... wow...
*Either way, I've determined "max pain" even though I don't think it'll be reached for the time-being, it's still a possibility to consider, right now the most lowest point of max pain would allow $ILVER to make a brief dip into the high $10's... it's possible but I wouldn't bet on it, if it did happen, it would be quite OPPORTUNISTIC to say the least...
*I'm still mightily bullish, and I think the recent dip into the $11's was more opportunistic than anything else, as we all know, volatility in $ILVER has increased drastically since the start of this year...
*Should we be formulating a similar technical formation as just before the break of $11, than my target of $18 may begin to look quite modest as some are even forecasting $20 and $25 coming later this year!... wow...
*Either way, I've determined "max pain" even though I don't think it'll be reached for the time-being, it's still a possibility to consider, right now the most lowest point of max pain would allow $ILVER to make a brief dip into the high $10's... it's possible but I wouldn't bet on it, if it did happen, it would be quite OPPORTUNISTIC to say the least...
HI-HO SILVER !!!
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