Hi Trend,
You mention:
"Lot of sellers stepping in?"
How are you determining this ???
I do see on my daily chart:
Wed. a down day with quite high volume
Thur a down day with mediocre volume
Fri. an up day with hardly any volume at all .....
With this debt issue coming to a head, I would conclude that "quite a few" jumped ship Wed./Thur. and "darned few" wanted to stick their neck out going long on Friday. My view is that a successful resolution of the debt issue, this market and silver are going to pull back. How much, I think still depends on just what kind of deal is struck.
How did you reach your conclusion ???
Thanks, Lee