TSXV:SLX.P - Post by User
Comment by
Mineshackon May 19, 2011 3:15pm
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Post# 18602416
RE: Support now Resistance?
RE: Support now Resistance?Bogapet. If enough of the market believes that $.68 or the 200 day moving average is “resistance”, then it shall be. It’s kind of like faith in the government’s credit. As much as the world’s suppliers of goods and services believe the USA dollar holds value, they will accept it as payment.
After buying telephone service at the same residence for over 20 years and without a single late payment, I got up this morning to find neither my telephone nor my broadband working. No warning was ever provided that I had to renew my credit card info only because I had recently added services to my account. I would like to take this moment to say that; AT&T Corporation STINKS!!!
Speaking of resistance, $1,500 Gold seems to have become a problem for Silver too. Could the market be waiting for conformation from Gold? What do the TA traders say about this?
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mineshack
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