Showing posts with label SLV. Show all posts
Showing posts with label SLV. Show all posts

Monday, April 25, 2011

Gap and Crap

Out of SLV @ $46.50. I'll take a ~6% gain in a few days. I didn't like the gap and crap.

Friday, April 22, 2011

The ride continues

Picked up 200 SLV @ $44.07. Selling at the first sign of weakness, but right now the parabola is in full effect.

Picked up 500 AUY @ $12.75, with a stop on these 500 @ $12.20

Tuesday, November 9, 2010

Silver -- at least a ST top in

The Silver ETF has traded over 8x its normal volume while making a new lifetime high.

$SILVER traded to a new 30 year high (just the Hunt brothers got a worse price) over $29.

I believe at least the short term top is in on Silver; I would be shocked if at least it didn't correct 10% from here additionally.

$GOLD may get dragged down with it as well for a short time.

Wednesday, May 20, 2009

Long (live) commodities

The dollar has broken. As I indicated before, that means commodities are off to the races.
Backup the trucks boys. Gold, Silver, Oil. All the good stuff. Why limit yourself to the physical commodities? The stocks are going bananas too.