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发表于 2011-5-13 02:32 PM
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ZT.
The bottom line is silver recently went parabolic, and all parabolas end badly. This latest parabola was massive and blatantly obvious to students of the markets. Silver was accelerating vertically, rallying way too far too fast. It was wildly-overbought, stretching to bull-record extremes beyond its baseline 200-day moving average. And herd psychology was utterly euphoric, predicting $75 to $100 silver very soon.
The only possible outcome of such an unbalanced and unsustainable situation was a massive reckoning. And just as expected in advance and warned about, silver soon collapsed in a near-crash just like it has done after its past parabolic ascents.
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