Thursday 19 May 2011

Silver - Gravity Defying - Re Post

http://sameersaifan.blogspot.com/2011/04/silver-gravity-defying.html

This was my earlier post on 15th April 2011

Silver was at 42

I called for a top between 45 and 50.
Silver topped at 49

This was just perfect timing.
Silver crashed vertically friom 49 to 33 since then

This was based on my view that parabolic moves fall on their own weight.
I supported my argument based on sentiment data as well.

So I have successfully called for 3 market moves in the short to medium term.
They have not ended as yet as I expect Oil to head to 33, Silver to 8 and DXY to 88.

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