Loading ...GOOOOOD MORNING SILVER TENT ….PERSPECTIVE PLEASE
FRIDAY’S ACTION IN SILVER IS SAID TO BE THE MOST OUTSIZED “SIGMA” EVEN IN THE HISTORY OF MARKETS FOR A MARKET OF SIZE LIKE SILVER …FAIR ENOUGH …IT SURE WAS A KICK IN THE GNADS FOR THOSE OF US ON BOARD
BUT….LOOK AT THAT CHART…..ALL IT DID WAS WIPE OUT 1 MONTH OF GAINS.
SILVER HAD GAINED 63% IN ONE MONTH FROM 100 TO 163 ( THAT AIN’T NORMAL )…THAT ALSO HAS TO BE ONE OF THE MOST OUTSIZED SIGMA EVENTS EVER
SO GAINED 63% ….THEN LOST 42% ( BECAUSE THATS MATH ) BACK TO $105 AT THE MOMENTARY BOTTOM IN 1 DAY
THE WHOLE THING IS NUCKIN FUTZ …AND WE…ARE….LIVING…IT !
“THE MOST OUTSIZED “SIGMA””
Well, there were two of them.
You kept saying “THIS AIN’T NORMAL” ALL CAPS INTENDED
Then came the end of that, and a reversion TOWARD mean … not even there. (200dma)
Crazy world, so expect more of the same ahead. And likely violent moves when all the algos synch up.
I hope no one here got stuck in a bear trap and sold everything before today. Chasing is an awful position to be in.