iShares Silver Trust (SLV)

[Ticalc2007]

So, just because the 50-day dropped below the 200-day, that means we're guaranteed to see a huge drop? By that logic, the "golden cross" we had at the end of September (SLV was around $33.50) should have meant a huge spike in price was coming. What happened there, you might ask? Well, it went up another a whole 50 cents before beginning to drop again. So if your "death cross" call is so much of a sure thing, how come the inverse didn't also hold true? Perhaps the $2 drop from the "death cross" to the recent low was as far as it goes this time, as well?