Hey Trades! How are ya?
Bwahahahahaha......(my meniacal laugh).... "Resistance is futile!"
You ever watch 'Star Treck'? It's a line that the 'Borg' use....anyways....could use some updated weekly and daily silver charts when you have the time...thanks in advance!
I'm thinking $42 is a real possibility for silver by mid-October...just by observing the trajectory of the beginning stage of this silver rally...if we get to 34.25 minimum before we pause to consolidate (I am thinking a 2-3 week consolidation period) then we are 1/2 way there already...(from the base at 26.50)...
And there is a real good chance we get above $35 (even to $37.50!) before that consolidation even happens....the more overbought we get now before correcting the bigger the 2nd wave will be as well....
I haven't even considered the possibility of testing the highs ($50)...by the end of the year...but it is 2012 and anything could happen...
Cheers! :-)#
