Silver

This morning I had the opportunity to remind me of some old learning lessons. An old saying is never buy a stock etc the first half hour of trading. Usually that is good advice. Silver opened way up and presently has dropped some. Watching the 5 day chart the price met resistance if you draw a line accross the chart. When the first half hour was up the price dropped some. If I remember right when this happens in the market in general the price can dip down to 1/2 the rise on that day. One needs to remember gap up days can come back down later on to fill that gap. There is no guarantee on that though, it might be a while till that happens. There are events this week that could affect the price one way or another.