RE: picked somemore up @ 1.22eastofeden, good move on the buy at 1.00. If it gets back there I'll be buying again. The story just keeps getting better.
I always try think about silver in the context of gold given their historical connection. What is gold doing? Well it's on a tremendous march to the upside with no technical reason why it should break down before $750. What will that do for silver, if it is in any way linked to gold (as it is imo) it will only help obviously.
For me the trick will be watching for stumbling blocks in metal prices on the way up. My feeling is that once gold hits $750 and silver gets to wherever it's going those stumbling blocks will then provide DOWNSIDE support when we correct. These lines in the sand will be our buying opportunities.
I also think that those upward stumbling blocks will be short lived relative to the consolidations we've seen in the last few years because with no ceiling until 750 the whole thing will be accelerated.
Good luck, opabkmq.