gunDriller
29th May 2011, 08:52 AM
Looking back at the rise in April, from $37.83 weekend close at the end of March, to $48+ the last weekend in April, I wonder - how did some of us miss seeing & calling the top ?
Because of our awareness about physical shortages & market manipulation, I think many of us thought the dramatic 4 week rise in April was "just the beginning", that it was on its way to $60.
On the other hand - those who "read the signs" - and sold that April 30 weekend in particular, must be feeling pretty good right now, even if they sold a little.
So the question is - for the people who "read the signs" - how did you know ?
Some reference material - a David Morgan webcast from April 22 -
http://www.netcastdaily.com/broadcast/fsn2011-0422-1.mp3
April 29 FSN article by "Deepcaster" -
http://www.financialsense.com/contributors/deepcaster/a-precious-opportunity-in-precious-metals
April 26 FSN article by Puru Saxena, whose money management abilities & ability to explain them, I really admire -
http://www.financialsense.com/contributors/puru-saxena/silver-key-intra-day-reversal
April 29 FSN article by Justin Smyth -
http://www.financialsense.com/contributors/justin-smyth/silver-runaway-move-correction-or-crash
April 28 FSN article by Jeb Handwerger -
http://www.financialsense.com/contributors/jeb-handwerger/parabolic-blowoff-in-silver-gold-price-steady
April 27 FSN article by Dominic Frisby
http://www.financialsense.com/node/5027
After the fact, David Morgan is claiming (I think) that he called the top -
http://www.netcastdaily.com/broadcast/fsn2011-0520-1.mp3
http://www.netcastdaily.com/broadcast/fsn2011-0513-1.mp3
http://www.netcastdaily.com/broadcast/fsn2011-0506-1.mp3
Obviously, it's worth $$ to have known ahead of time that April 30 was "the top" - for 2Q 2011.
It makes me wonder if it's worth the $$ to subscribe to Morgan's report -
http://www.silver-investor.com/amember/signup.php
$270 a year.
Is there some kind of rule for silver, that any time it has a 4 week parabolic move up, that a correction will happen next ?
http://www.kitco.com/LFgif//agapr11.gif
One other reference, Harvey Organ's April 24 to May 1 archives -
http://harveyorgan.blogspot.com/2011_04_24_archive.html
Because of our awareness about physical shortages & market manipulation, I think many of us thought the dramatic 4 week rise in April was "just the beginning", that it was on its way to $60.
On the other hand - those who "read the signs" - and sold that April 30 weekend in particular, must be feeling pretty good right now, even if they sold a little.
So the question is - for the people who "read the signs" - how did you know ?
Some reference material - a David Morgan webcast from April 22 -
http://www.netcastdaily.com/broadcast/fsn2011-0422-1.mp3
April 29 FSN article by "Deepcaster" -
http://www.financialsense.com/contributors/deepcaster/a-precious-opportunity-in-precious-metals
April 26 FSN article by Puru Saxena, whose money management abilities & ability to explain them, I really admire -
http://www.financialsense.com/contributors/puru-saxena/silver-key-intra-day-reversal
April 29 FSN article by Justin Smyth -
http://www.financialsense.com/contributors/justin-smyth/silver-runaway-move-correction-or-crash
April 28 FSN article by Jeb Handwerger -
http://www.financialsense.com/contributors/jeb-handwerger/parabolic-blowoff-in-silver-gold-price-steady
April 27 FSN article by Dominic Frisby
http://www.financialsense.com/node/5027
After the fact, David Morgan is claiming (I think) that he called the top -
http://www.netcastdaily.com/broadcast/fsn2011-0520-1.mp3
http://www.netcastdaily.com/broadcast/fsn2011-0513-1.mp3
http://www.netcastdaily.com/broadcast/fsn2011-0506-1.mp3
Obviously, it's worth $$ to have known ahead of time that April 30 was "the top" - for 2Q 2011.
It makes me wonder if it's worth the $$ to subscribe to Morgan's report -
http://www.silver-investor.com/amember/signup.php
$270 a year.
Is there some kind of rule for silver, that any time it has a 4 week parabolic move up, that a correction will happen next ?
http://www.kitco.com/LFgif//agapr11.gif
One other reference, Harvey Organ's April 24 to May 1 archives -
http://harveyorgan.blogspot.com/2011_04_24_archive.html