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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 07/28/2009 : 09:08:04
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---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/28/2009 : 09:19:53
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| I didn't read the link you provided, but was talking to my dad on Sunday. He is retired and does some Elliot Wave anaylsis as a hobby. He's no expert by any means, but his feeling is that we would see a slight dip in PM's, and then a nice move upwards towards the $20 mark again for silver. He said if it breaks $20, then it could go upwards from there but wasnt sure how high. He said something about a "bull flag" in the charts, but that means nothing to me. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 07/28/2009 : 09:28:48
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quote:
Originally posted by CoinHunter53562
I didn't read the link you provided, but was talking to my dad on Sunday. He is retired and does some Elliot Wave anaylsis as a hobby. He's no expert by any means, but his feeling is that we would see a slight dip in PM's, and then a nice move upwards towards the $20 mark again for silver. He said if it breaks $20, then it could go upwards from there but wasnt sure how high. He said something about a "bull flag" in the charts, but that means nothing to me.
Bull flag is defined in the link below. Chartists view this as an indicator in market that a breakout to the upside is imminent.
You must be logged in to see this link. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/28/2009 : 09:34:47
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quote:
Originally posted by Country
quote:
Originally posted by CoinHunter53562
I didn't read the link you provided, but was talking to my dad on Sunday. He is retired and does some Elliot Wave anaylsis as a hobby. He's no expert by any means, but his feeling is that we would see a slight dip in PM's, and then a nice move upwards towards the $20 mark again for silver. He said if it breaks $20, then it could go upwards from there but wasnt sure how high. He said something about a "bull flag" in the charts, but that means nothing to me.
Bull flag is defined in the link below. Chartists view this as an indicator in market that a breakout to the upside is imminent.
You must be logged in to see this link.
Cool thanks for the link. I haven't peaked at the charts, but do you see a bull flag in there? |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 07/28/2009 : 12:53:36
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I don't see a "Bull Flag" in the silver spot price ($SILVER) chart currently. If you look at May 2009, you can see one as silver was stable around $14 and then made an upsurge to $16.23.
You must be logged in to see this link. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Edited by - Country on 07/28/2009 13:00:39 |
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PMs Running Out of Steam or Are They Going Higher
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