Silver SLV and SLW, What A Climax Run Looks Like
Commodities / Gold and Silver 2010 Nov 10, 2010 - 03:10 AM GMTDoes everyone know what a capitulation sell off looks like? That’s where you get those wicked spikes down AFTER you’ve been falling for a period of time. Know what the flip side to that is? CLIMAX RUNS. We bring this up because if you look at SLV and SLW that is exactly what you are seeing.
Ever hear of the greater fool theory? Well you are looking at it in action right here. The guy who bought yesterday sells it to the guy who bought today and so on till? Someone becomes the biggest LOSER errrr fool. If you own any of these names? Please don’t become the greatest fool.
By David Grandeywww.allabouttrends.net
To learn more, sign up for our free newsletter and receive our free report -- "How To Outperform 90% Of Wall Street With Just $500 A Week."
David Grandey is the founder of All About Trends, an email newsletter service revealing stocks in ideal set-ups offering potential significant short-term gains. A successful canslim-based stock market investor for the past 10 years, he has worked for Meriwest Credit Union Silicon Valley Bank, helping to establish brand awareness and credibility through feature editorial coverage in leading national and local news media.
© 2010 Copyright David Grandey- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.