Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Tuesday, February 26, 2013
silver update Feb 26 2013
We hit the downside targets I suggested in my Feb 20 update and bottomed as expected. We have now turned and this short term move up should complete by the end of the week at $30.40,