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Old 05-03-2011, 07:27 PM   #227
Meck77
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Join Date: Sep 2002
Posts: 16,595
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I'm not nearly as bullish on silver as gold but there is a buying opportunity forming if you are considering cashing out some stocks or been on the sidelines.

I think the hysteria is settling and it's heading closer to it's 120 day moving average as it should.

http://www.monex.com/prods/silver_chart.html

Oh and we'll be hitting the debt ceiling again May 16th.

We're like the fat kid in school who always spent his lunch money on candy before lunch time. He was always hungry and out of money by noon borrowing more to eat.

http://www.marketwatch.com/story/us-...tes-2011-05-02

Last edited by Meck77; 05-03-2011 at 07:40 PM..
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