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realtorwsm

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realtorwsm

Re: None

Friday, 05/06/2011 9:30:35 AM

Friday, May 06, 2011 9:30:35 AM

Post# of 24249
Could we be in for new lows for Silver today or is this where we BOUNCE BACK?

Charts on LODE, SILVER are near or at some support levels...http://stockcharts.com/h-sc/ui?s=LODE&p=D&yr=0&mn=3&dy=0&id=p80200970519

Looks like the ideal place to bounce forming that double bottom or could things change again and we crash through these support levels by the end of the day? We've all seen things change on a dime.

Margin Call's was putting the pressure on investors the in recent sessions especially yesterday but analysis such as Peter Kenny (if I've got his last name correct; just interviewed by CNBC) are calling it here saying; sell-off in Silver is over!

We'll see. Personally I have a buy order in under $3.00 but I am beginning to believe its not going to happen!
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