Silver's Amazing Losing Streak Recalls Phillies' 1961 Season

Today's updates from Rick's Picks. You are receiving this email because you signed up for daily updates at www.rickackerman.com Is this email not displaying correctly? [View it in your browser](. [Follow on Twitter]( [Forward to a Friend]( The Hidden Pivot Seminar "Trading success is only six hours away." Learn Rick Ackerman's risk-averse Hidden Pivot Method and never trade the old way again. -------------------------------- “...I am pinching myself to be sure I am not dreaming. I am more confident every day with the HP approach. I am making money... I am able to escape the screen if I so wish. I do not end the day stressed and hyperactive. Impressed? I am absolutely knocked out - just wish I had found the site years ago. Best wishes, long may you continue.”- David Ivory Recent Commentary - [DXY – NYBOT Dollar Index (Last:101.18)]( - [The Yellow Flag Is Out]( - [Yellen’s Idea of a Heated Economy]( - [With AMZN’s Effortless Recovery, the Smart Money Is Ready to Rampage]( - [Bull Trades in Gold, Silver and TLT]( - [Inflation Ahead? Yeah, Sure.]( - [A Tone Change in Long-Term Rates?]( - [Bullion Looks Poised to Leap]( - [Where Have All the Contrarians Gone?]( - [Fade the Non-Farm-Payroll Lunatics]( - [Short Into This Craziness?]( - [Is the Selloff Just Another Fake-Out?]( Rick's Pick for Friday $[SIN17 – July Silver (Last:16.330)]( Posted Thursday, May 4, at 6:03 p.m. ET Silver’s losing streak could make it into the record book if it continues for yet a little while longer. The July contract has fallen for 13 straight days and is starting to look like the 1961 Philadelphia Phillies, who lost 21 straight games before beating the Milwaukee Braves 7-4 on a stiflingly hot day in August, 1961. I was a bigger Phillies fan back then than I am a silver fan now. They had Robin Roberts, Stan Lopata, Harry Anderson, Ed Bouchee and a catcher name Carl Sawatski who is best remembered, if remembered at all, for having caught behind home plate without a chest protector. Were that Silver showed such daring and pluck! Instead, it has continued relentlessly lower and seems bound for the 15.485 target shown (a slight adjustment from the target previously given here). I’m confident it will achieve that Hidden Pivot and that there will be a tradeable bounce from very close to it. But to all of you silver bulls who like to dream big dreams, the bounce would need to hit 19.11 (!) to provide real encouragement for the long-term. Incidentally, I am treating June Gold as a separate case, since its long-term chart doesn’t look nearly as bad. Check it out elsewhere on this page if you're looking for a ray of hope. If you don’t subscribe but would like to join great traders from around the world in the chat room, [click here]( for a free two-week trial subscription. You’ll also receive actionable trading ‘touts’ and invitations to frequent ‘impromptu’ sessions where Rick ‘takes requests'. [follow on Twitter]( || [forward to a friend]( Copyright © 2017 Hidden Pivot Enterprises, All rights reserved. You're receiving this email because you requested that our Daily Commentary be emailed to you. If you don't wish to receive further mailings, please use the unsubscribe link at the bottom of this message. Our mailing address is: Hidden Pivot Enterprises PO Box 270646Louisville, CO 80027 [Add us to your address book]( [unsubscribe from this list]( | [update subscription preferences](