[briansmith456]

Hi,

All my friends were buying FSM (silver miner) in the 2.50-3 range and I kept telling them I did not want to take the risk as it was not a proper setup based on the Weinstein method. They are all laughing at me now as they are up huge.

It is still too early to enter given the price line seems to be trending down still and price has yet to break above it (may do so soon). Volume is really good. The 30 ema, 30 sma, 10 sma are still sloping down. It is tempting to rush in and buy as it  looks like it will continue to run based on how strong silver seems to be (is silver  in stage 2 break out mode or must it break 16.20-16.30 to be considered in proper stage  2 buying stage?). I know that FSM must be in the early stages so best to stay away for now. Would it take a break of 4.03 to be an entry? I am assuming it would be the proper entry stage  by then. 

Another question is based on your experience, where could this still pull back to if it does not break above 4.03 given that it is in a very early stage still.

Thanks.
Brian