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What Goes Up Must Come Down

What Goes Up Must Come Down

by The MoleNovember 9, 2010

I must still have been a bit jet lagged this morning as my ellbow accidentally pushed the wrong button deep down in the evil lair:

Ooops – sorry about that – my bad :-}

Of course rogue missiles are not the only ones pushing into the stratosphere today. If you appreciate exponential curves (or launch trajectories) here’s a juicy long term chart for you:
[amprotect=nonmember] Charts and commentary below for anyone donning a secret decoder ring. The rest of you guys will have to wait until tomorrow – sorry. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
[/amprotect] [amprotect=1,9,5,2]

It’s funny how retail traders lead themselves to the slaughter over and over again. There’s an old saying, most likely inspired by Newton, that eventually holds true – be that in physics or in the financial markets:

What goes up, must come down.

Look at this chart and then tell me if this is a good buying opportunity for silver. Really now?




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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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