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<p>[QUOTE="Bluesboy65, post: 1085610, member: 23329"]I hear people/analysts talking about support levels and I sort of get it but as soon as we hit that level the price goes below that and they start talking about the next support level. Many tiers on the way down. At this point the money I have to invest is based on my pay cycles so I try to keep informed (listening to those who talk about support levels) of where the market is going and buy at what I judge to be a pullback in the current price structure. I made a significant investment at $16.50 and at various places on the way up to the $28 range. There are too many landmines out there to keep us under $30 this year. When we see capitulation from the Fed and the economy sours I believe silver will go significantly above the $40 range and at that point everyone who bought in the $20's will look like an investing mega hero.</p><p><br /></p><p><br /></p><p>Those who "will never sell" are collectors, not investors. Nothing wrong with that but hopefully people are not confusing the two.[/QUOTE]</p><p><br /></p>
[QUOTE="Bluesboy65, post: 1085610, member: 23329"]I hear people/analysts talking about support levels and I sort of get it but as soon as we hit that level the price goes below that and they start talking about the next support level. Many tiers on the way down. At this point the money I have to invest is based on my pay cycles so I try to keep informed (listening to those who talk about support levels) of where the market is going and buy at what I judge to be a pullback in the current price structure. I made a significant investment at $16.50 and at various places on the way up to the $28 range. There are too many landmines out there to keep us under $30 this year. When we see capitulation from the Fed and the economy sours I believe silver will go significantly above the $40 range and at that point everyone who bought in the $20's will look like an investing mega hero. Those who "will never sell" are collectors, not investors. Nothing wrong with that but hopefully people are not confusing the two.[/QUOTE]
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