In the Silver, we had experienced a three-day violent rally to the upside, so price has moved into our fan lines (see chart in video), as far as what we had felt we needed to see the market rally in order to get short. Therefore, it’s very possible that a shorting opportunity could be forthcoming. [...]
Continue reading...Thursday, March 19, 2009
Silver has experienced a huge surge to the upside over the last two days. We have pushed into our fan lines (see chart in the video) which would put us in a position where we could look to be a seller, where we could look to go short the silver. * Please comment on the video [...]
Continue reading...Friday, January 30, 2009
Now we’ll look at silver. This goes to another complex. We looked at the crude oil, which represents the energy complex, the most important, far and away, for the economy. Then we looked at the soybeans, very representative of the agricultural sector since basically all the agricultural markets are playing to the same beat, whether the [...]
Continue reading...Friday, January 30, 2009
In looking at the crude oil, I want to show something that I haven’t shown you before. We know that the decline from the July 2008 high to the December 2008 low was one of the four greatest commodity legs down and declines that we’ve experienced since the 1800s. The four comparable markets, and we’ve shown [...]
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Saturday, March 21, 2009
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