Hey buddy!
How ya doin'?
Thanks for the great chart!

What a wild coupla' days eh? 'whew'....was a bit 'stunned' yesterday for a time when the market dumped again...butcha' know, I should be used to these volatile days with these 'V' bottoms...I am a silver trader for cryin' out loud!! LOL!
And when silver had this action it was very bullish!
I just gotta pretend I'm trading silver! That's the ticket!

Well... what a nice finish huh? Considering the crossroads the weekly chart is at...we are primed for a move now, eh? And with all this back testing behind us it seems all the more bullish...

I bought a couple more options a couple days ago... August calls this time....

Anyways I'm thinking with this weekly breakout we should be facing 5.10 rather quickly...and onwards to 6.20 in a reletively short period of time!

Then maybe something around 8.00 by the fall/winter...that's the 50% retracement level...why not?

And all this knowledge of oversupply will fuel this rally...just like always...

Just like when Crude oil traded below $10 years back but everyone was calling for $5 because of the HUUUUGE supply....Hahahahahha....I remember it well!
I swear, true story, I was on the phone with my broker (same broker!) right at the lows...but my (now-ex) wife was yellin' at me for even talking about it...so I did not buy a call option...
I want to say it was in '96 or '97...

Anyways, fade the news and follow the charts and you always do well in this crazy game!

Hope you have a great weekend Steve!

Cheers! ... ps. post an updated weekly chart when ya get a chance, wouldja? TIA!

Ron