................................Timing Trades (Updated)

Update: SLW put in a double top short term cycle high at 10.61 early today, after filling an upside gap created at today's open, versus yesterday's 10.60, so, SLW's short term downcycle began early today. This doesn't change the picture much. I'm still looking for a short term cycle low at 10ish today or tomorrow for reasons discussed below.

Original post: Silver Wheaton, SLW, is on the flat part of it's short term downcycle (began very early yesterday) right now, see http://finance.yahoo.com/q/ta?s=slw&t=5d&l=off&z=l&q=b&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=. It has a downside gap at 10.15ish created at yesterday's open that should get filled today in Wave C of it's short term downcycle. I won't buy it until it fills that downside gap, and, it should hit a short term cycle low shortly after that gap gets filled at 10ish. So, I have a good idea timewise (probably today) and price targetwise (10ish) for that trade and a few others where downside gaps exist. ....... http://www.JoeFRocks.com/