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Message: the extremes of silver

the extremes of silver

posted on Nov 25, 2008 08:16AM

this article is by roland watson, who thinks there may yet be more pain to come:

So where do we stand with silver and its stocks? Is the wait over or is there more pain to come? People will note the HUI put in a gigantic 27% leap on Friday. Does this signal the end of the massacre? Perhaps but I note that when the HUI put in a leap of 19% on the 8th October it lasted for all of two days before new lows were made. Volatility is the name of the game just now as investors try to catch the falling knife. The swings in our silver stock index have increased in the last month to nerve wracking levels.

Many investors may get in at the bottom but will they once again ride the wave up only to see themselves crash down with it because they had price expectations greater than the market’s own infallible pronouncements? You may get in – but don’t overstay your welcome!

http://news.silverseek.com/SilverSee...

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