Kinda like this guy - this stuff happens over and over. If we do get a rally up to 46-47, I'll be selling SLV calls once again. We've had the parabolic rise and first leg down (hopefully complete). If we get the rebound rally, (B wave in Elliot wave terms), we should have another leg down after that, then a long consolidation.

I don't think the silver game is over, but it will be at least a few months before it restarts in earnest, methinks.