"I told you, we'd be fine. Once silver broke through the twenty-dollar resistance on Monday's opening and that level became the new support, it would—"
Mr. Klein stood among the crowd with a wineglass in hand. Everyone surrounded him, gazing at him excitedly.
They had really done it.
Silver was only twenty-four cents away from breaking through twenty dollars. Everything Mr. Klein had said was about to come true! It was such an exhilarating moment that they could not help suggesting a celebratory party to cheer in advance for the victory that was about to arrive.
Everyone had made money, and it was all thanks to Mr. Klein's "insight." He had given them selfless guidance, and everyone was grateful to him.
At that moment, Mr. Klein was still going on and on about his "experience."
"If you've studied price movements, you'll understand that every resistance level will actually become a new support level in investors' minds."
"Once we finally break through twenty dollars, investors will develop a mindset..." His face was flushed, and he paused briefly.
Only after reading the response he wanted in the eyes of the others did he smile and continue, "...that they must hold twenty dollars."
"That will become the new support level."
"In my prediction, silver's price will have a hard time breaking above twenty-two dollars in the short term, but twenty-one dollars shouldn't be a problem."
"At that point, what we need to do is sell part of our holdings at twenty-one dollars—or around twenty dollars and seventy or eighty cents!"
"That way, we can first put part of our wealth in our pockets before considering what to do next!"
People began applauding one after another. After hearing such a mature analysis, someone tentatively asked him, "Mr. Klein, this market movement... how much did