Friday, January 28, 2011
UPDATE - 1:12PM EST
The market is showing many failed moves over the last few days. It was looking like it wanted to breakout on Wed night or early Thu morning and that did not happen and we had another intra-day crash yesterday. This looked like we were heading to make new lows, and although we did by a small fraction the market is surging today as stocks plummet. The silver market is now at the top of the trend line. I will go over more this weekend on the trend line.
There will be no videos or extra commentary today (Friday) on the Blog. The contest winners will be announced on 01/29/2011 as well as more data regarding the silver market and the silver rally today.