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<p>[QUOTE="medoraman, post: 1359031, member: 26302"]Cloud and I differ on technical analysis somewhat. He uses it more than I. I believe it can have short term use ALL OTHER THINGS BEING EQUAL. I simply do not believe, however, a movement to $70 or $140 is a situation of where all other things are being equal. Therefor for long term price appreciation like that I believe technical analysis is really worthless. Its changes to supply or demand, or dramatic changes in consumer sentiment that can affect such changes, not technical indicators. </p><p><br /></p><p>It will be interesting to see how the predictions pan out. The only thing about the next year is I do not believe any "well it did not cross this technical threshold, that is why it never hit XXX" crud. Predictions are predictions, and this man has predicted, and sold "investment reports" based on his prediction of $140 silver. That is the story I will be following.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1359031, member: 26302"]Cloud and I differ on technical analysis somewhat. He uses it more than I. I believe it can have short term use ALL OTHER THINGS BEING EQUAL. I simply do not believe, however, a movement to $70 or $140 is a situation of where all other things are being equal. Therefor for long term price appreciation like that I believe technical analysis is really worthless. Its changes to supply or demand, or dramatic changes in consumer sentiment that can affect such changes, not technical indicators. It will be interesting to see how the predictions pan out. The only thing about the next year is I do not believe any "well it did not cross this technical threshold, that is why it never hit XXX" crud. Predictions are predictions, and this man has predicted, and sold "investment reports" based on his prediction of $140 silver. That is the story I will be following.[/QUOTE]
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