Replies to post #17018 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

$10 is long gone in my opinion, heck we'd be really lucky to even see the $11's again, especially since the silver closed above $13 today... can you say BOTTOM-REVERSAL...

And yes, through my experience in the physical market, it surely looked like a bottom-reversal yesterday... there's way less supply available, and "HOARDING MENTALITY" has taken over!

[FinancialAdvisor]

*rogue, I wanted to further elaborate on your ABC comments... couldn't it have theoretically already took place!!! I mean look closely at the $ILVER chart when you get a chance... $15 to $13... back to $14, than a quick revisit of $12, and now attempting to hold past $13!?

The ABC could've been...

A = $15 to $13

B = $13 to $14

C = $14 to $12

No? Yes? Maybe?

Those are damn near perfect retracement figures... of course they are not exact, but damn near it!!!