It appears that U are...but what are U saying?...

Perhaps silver COULD lose 20% of it's value in a heartbeat as Edelson says... U are right...but it COULD also climb 20%....U and each and every person here must ask themselves two questions:

1. "Am I a gambler...or am I an Investor?"

2. "Why am I buying gold and silver?"

Ques 1.

If U are buying silver share because of the chart pattern, then U are probably a gambler. If U are buying silver shares because of fundamentals, then U are an Investor.

Ques 2.

If U are going to sell silver because of a chart pattern blip that might happen, then U didn't buy silver (and gold) because of the fundamental reason that it is REAL MONEY that will one day trade at REAL (free-market) VALUE with respect to the paper currencies of the world and with respect to the GOLD:SILVER ratio.

There are between 10 and 100 reasons for owning silver instead of gold...not one has to do with a chart pattern.

Good luck with your gambling...

I'm not a knee-jerk reaction kind of guy. I'm an investor. I (must try to) sleep through volatility.

The high volume that Maund speaks about as his "warning sign" is not joe sixpack buying silver futures. That's where Maund is clueless. Joe sixpack doesn't buy and sell a half a years production of silver over a two week period! It's more likely the "silver cartel" buying and selling the same shares over and over agin to try to manipulate the silver price lower...it matters not.

In the end, the value investor buys fundamentals. Be right, and sit tight. There might be a 20% drop...then again it could be chart painting...I don't KNOW what will happen in the short term...But I know that there is a FUNDAMENTAL demand for real money that will eventually take silver prices higher and share prices too...I have been right over the long term for 10 years now...(I held silver through a 50% drop in 2008 and came out the other side richer and unscathed!)...I WILL be right (over the long term) for the next 10 years!

Buy more gold and silver every week. Buy more on 20% dips. Buy physical ounces. Buy ounces in the ground (mining shares). Then HOLD ON TO THEM FOR DEAR LIFE...as paper value goes up in a cloud of ugly yellow smoke.

There, Bujjai, you have an investor's humble opinion.

lotus petals,

gildage