Market Curiosity: Exploring Markets And Systems

February 27, 2013

SLW – still waiting for a low risk buy pattern.

Filed under: Just Watching — Tags: , — Jeff Fitzmyers @ 12:31 pm

+ The signs of a desperate bottom are starting to appear in the junior-mining sector… We’re starting to see dollar bills trading for 80 cents. Has a chart and a table (Stansberry).

– 1 issue is there is no prior chart support near 31.5 to 32 to the left. I have read that does not suggest a solid bottom. Bouncing off decent support, say 28 or 26.5-ish, supposedly would suggest a solid bottom

SLW silver ratio daily feb 28 2013

+  SLW – Waiting for a low risk buy due to small short interest, and SLW:silver ratio strength.

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