pretty good bounce for SLV - about a 50% retrace at the high so
far this morning. I was considering shorting, but admittedly only
based on its oversold condition and that big black candle
yesterday. But it's running with the market and if the market goes
up, there goes the short, eh?
SLV looking strong
Posted by frtaylor on 8th of Oct 2010 at 10:21 am
pretty good bounce for SLV - about a 50% retrace at the high so far this morning. I was considering shorting, but admittedly only based on its oversold condition and that big black candle yesterday. But it's running with the market and if the market goes up, there goes the short, eh?
i would only short the
Posted by rank10 on 8th of Oct 2010 at 10:22 am
i would only short the gold stocks if you short this area
they are underperforming considerably against gold
thanks rank10! I have to
Posted by frtaylor on 8th of Oct 2010 at 10:24 am
thanks rank10! I have to be more careful.