its not based on perspective but facts, it can be good if prices go very low or very high, anti strade/strangles/butter in the old days, you can have green card or red card. depends on what you have/hold. how can short be bad, if you short at 49, then you can short at 43 usd again, more shorts. its bad if you long at 48 or higher, cos its very painful to get out even at 43 usd. to turn to the short side. either way I and cash in. in metal, in paper and in contacts. this forum is fun to have. can tease fishball about the carded koalas thing.
Shorting can be very bad when you are trying to cover in unexpected rallies. e.g. this past week. It is usually on margin too so your losses can magnify quite quickly.
for individual with limited margin, no need to mention. but for a company like BG well just rights issues them. 2 billions after 2 billions, even for a nation, its government would be bankrupt already. the system is corrupts to the core, why would we complaint about market manipulations when the mining companies are into the forward selling things, where do you thing the big banks got their metals from. Banks force the miner to raise cash, and charge interests and transfer ownership to bankers. It allows the banks to own the miners assets and pass back the liability to the company and shares debtors. this is where it begins....
i came home today and had about 30 new SPOTMEX- New Product Alert emails. everyone who brought in just before the big dive is now selling
I have a 3D models, autocad, sas analysis, just joking. but China of B o Stats uses that. may be what you are saying is to place a mirror on top of the chart? seen that done already in 1973 book
I believe the chartists will tell you that there is no such thing as a triple bottom. When gold is breaking out in the major currencies, people are going to have to work overtime to be worried about silver prices.
no bottom at current high level. This is a repeat pattern of first 3 up move. so a crash can happen if we have a nice lower top re-test, 43-48 range. this coincide nicely with the GSR of around 48.5., but so far ratio 45.01 a touch of its average from side way direction. seasonality also can repeat of doll drum. if stocks crash, may be other thing can be dragged down. 38.5 usd now holding ok. hope it hold so I can get good price selling tomorrow.
silver chart looks like rounded bottom hook shape. since the top. http://stockcharts.com/freecharts/gallery.html?$silver gold is all time high. chart make no no...
He brought out a youtube vid giving his thoughts on whats going on.. [youtube]http://www.youtube.com/watch?v=GFhhnWIxxKo[/youtube]
if price of gold is 1600 which is close to 2 x the peak of 1980 $850, then silver which is below 50, 1980 peak of $50 (silver still look under price to me compared to gold). just from the price alone you get the picture.