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RE: Lions! Pounce Time. New Stock Pick(s) Posted To TradersChoice. By Gregory Mannarino

in #money7 years ago (edited)

Is the Silver smackdown near an end? Here is a 20 year chart on Silver. The trend line is solid support and price is getting near this support. The blue line at the bottom shows that the Commercial Banks are going net long. If this is support then we could have an enormous rally on Silver. I appreciate your comments.

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Uhhhm...the short answer to your question is >>> nope! But I will be there at the low for the next deadcat bounce...which "should be" teh biggest one for the year so far. Right now I am looking to short SLV again though.