Closing out of my silver shorts here with a very nice
profit. Could go lower, but not getting too greedy. SLV
is way outside of its lower BB on the 15 min.
20 day moving average is around 39.87 Anything is
possible at this point... Remember one thing... its a crowded
trade. Once people start to get out... it will be like
an Elephant jumping into a bath tub!
gold and silver futures down overnight
Posted by zach06 on 25th of Apr 2011 at 09:50 pm
silver down over 1.20 and gold down 11.70 I think these metals are going to be rocky at least until Helicopter Ben's News conference.
SLV
Posted by rbreese on 25th of Apr 2011 at 10:04 pm
Ben will cause more volatility IMO. I am looking for 43 short term low in SLV.
Nice beatdown on silver tonight.
Posted by pebs on 25th of Apr 2011 at 11:40 pm
Nice beatdown on silver tonight.
I talk about Silver in
Posted by matt on 25th of Apr 2011 at 11:54 pm
I talk about Silver in tonight's newsletter.
Closing out of my silver
Posted by pebs on 26th of Apr 2011 at 10:00 am
Closing out of my silver shorts here with a very nice profit. Could go lower, but not getting too greedy. SLV is way outside of its lower BB on the 15 min.
just closed SLW short a
Posted by Michael on 26th of Apr 2011 at 10:04 am
just closed SLW short a few minutes ago........nice trading stock for silver
Where is the support? 20d
Posted by coold on 25th of Apr 2011 at 11:47 pm
Where is the support? 20d at 40?
your guess is as good as anyone else
Posted by zach06 on 25th of Apr 2011 at 10:07 pm
20 day moving average is around 39.87 Anything is possible at this point... Remember one thing... its a crowded trade. Once people start to get out... it will be like an Elephant jumping into a bath tub!
the middle bolinger ban on the daily SLV is at around 42.81
Posted by zach06 on 25th of Apr 2011 at 10:10 pm
The silver futures middle bolinger band is around 45.00