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TFC Commodity Trading Forum

Re: Ronbo - Silver target.
In Response To: Ronbo - Silver target. ()

Hmmm...maybe I should take profits early, did not like the sharp sell-off early this morning....and the blunt rebound....
On the other hand it really looks like it wants to take another leg up on the long term charts...

Gonna have to think about this a lot...sometimes silver gives warning to an imminent top, with divergences and such, sometimes it just plummets when it feels like it...
I have a three bagger now, and it is getting to the dangerous part trying to pick a top...
But I will probably be greedy and wait and get clocked lol...

Anyways if I am going to sell it needs to be before the big news tomorrow with the Euro decision...
There seems to be a big lid here around 18.50 and even if it powers through it might take some time....

Maybe I should follow the mantra: "Buy the rumor and sell the news"