Hi maydel,

Thanks for sharing your charts.  Traveling today, so when I can, I'll try and post more here.  You have most of it covered though.  There are obvious buyers and sellers above and below the market.  The last run up, we washed the highs, then tested the lows, where the buyers stepped in again..  This, IMHO, should have made new lows and didn't. +1 for the bulls.  I like the momentum expressed the last run up of the lows.  Nice and clean..buyers falling over each other to get it.  The only thing I don't like is those overshoots of the LML. This generally isn't a sign of strength.....as seen on countless charts that we have exchanged....  Worse yet, if you throw a Mod Schiff on that same same swing, if fails to reach the ML...Generally, I would accept it as close enough...but with those overshoots on the standard LML, it really has me raising an eyebrow.   We basically are retesting the underside of your standard LML now, and if we fail, and roll over, well, its unlikely there a support line drawn off the last swing that will stop it.  Either we will  make new lows, or spend a year or better going sideways. Gold chart on the other hand is cleaner, doesn't have the obvious flaws that was mentioned here...Probably can't post til late tomorrow, so maybe you want to take a look..... :-)

Like I mentioned, I own silver, both physical and shares....  Somebody posted on here that they tried to catch the falling knife in silver last week.  That was the only manageable place to try and accumulate recently...( similar look in beans yesterday).  My post yesterday was not meant to scare people away from owning silver (to each their own) - just that there is no worse place to try an buy it than the level where you know for a fact the bearish whales last were.  Better to wait for confirmation they aren't there, or buy it low enough that you can manage yourself out of it.   I do not have a hugely bullish outlook on it myself, other than the consistent debasing of our currency.  The physical we own, is more of an insurance policy, just in case.  I would be glad to have the value cut in half.  The country as a whole would be better off, IMHO.  

Nice work maydel.