
Just as you wouldn't plant crops in the middle of winter, there are times when you are better off avoiding risk and waiting for the next economic expansion to come your way. The markets know more than any individual. The markets leave clues, so observe what is going on and follow the flow of money. I want to analyze what I am seeing and chronical my thoughts. (for easier viewing, click each chart to enlarge it) Feel free to contact me at nbcharts@yahoo.com
Sunday, August 29, 2010
Silver Leadership?
Silver (SLV) broke out of a multi-month triangle, after holding support at the uptrend line from the 2008 lows. The Junior Gold Miner Index ($HUI) is either going to break down from here or break out. I expect either move to be violent. So far, so good for the Bulls. I want to see a weak pullback at some point over the next few days that holds support.

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