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REPORT ABUSIVE REPLY
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Message Subject
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Silver set to go PARABOLIC! Don't fear the correction!!! Hold tight and know all indicators in favor of AG long term.
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Poster Handle
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Anonymous Coward |
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Post Content
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Although there are no technical signals for a correction, a correction is inevitable. Best guess is around $50 dollars. Don't fear the correction. Levels are high and prospects are good for our favorite metal. I think we'll see a correction to $36 setting a new floor for AG. From there, the sky's the limit. [ link to news.silverseek.com] "Silver set to go PARABOLIC" You're not a man of your word, if you believed that, then you would be buying massive amounts of silver at the current price. So why post something that YOU yourself do not have any conviction in? Parabolas can open left, right, up, or down. Silver is set to go parabolic because it is set for a correction downward to it's new floor of around $36. From there it will again open upwards to new highs. A similar pattern happened near Nov 9, 2010. This isn't a huge parabola, just a spike and a lot of hair trigger automated trading. The fundamentals are set for silver to go up in dollar terms.
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