I agree with what you're saying, the algo's are not factoring the supply/demand issue around silver, or the possibility of a major break out taking place on the long term chart.

Those same algo driven hedge fund traders will be forced to cover together in short order if that happens - indeed any unexpected move in silver to the upside will trigger the same, and we can also expect that at some point they'll be jumping on the brakes again trying to make money on the way down, until it becomes too precarious to do it.

There's some info out on a hedge fund who is apprently getting into trouble trading Jim Sinclairs business south, which makes some interesting reading.

AP