SLV

    SLV

    Posted by rafe on 18th of Aug 2008 at 12:38 am

    Although not convinced of astrology, full moons(we are there) have marked some very important turing points for key highs and lows.  One main reason took a position in SLV and other related for a trade!  We should soon know but will use stops.  Strength tonight could be weakness in morning.

    Also carried over SKF(have a weak buy on inverse) and SRS.  Weekend housing news dismal so some more strength in SKF could turn to strong SWING trade!

    From Kitco-

    IMPORTANT NEW NOTICE:Due to market volatility and higher demand in the entire industry, we are anticipating delays in supply of all bullion products. Please note that you can continue to place orders and prices will be guaranteed; however, cancellation fees will still be applicable regardless of the length of the delay. Consequently once inventory is received there may also be delays in processing and shipping by our vaults.

    SLV

    Posted by rafe on 18th of Aug 2008 at 08:02 pm

    For now, most PM related securities bought into carnage on Friday have been treated as a two day swing trade.  Look again tomorrow!

    Carried over are several ULTRA Short ETFs----An individual short in DDR!

    The buying into Friday Carnage generated some nice gains but just not convinced short term and think $ better allocated to the above ETFs.

    good points......GLD was down AH....will

    Posted by treid4dou on 18th of Aug 2008 at 09:08 pm

    good points......GLD was down AH....will monitor tonite thru asian mkts. again...strange things going on.....no physical in silver..yet you may buy the ETF....mmmmm.......today mkt. dropped with Oil down, energy down.....mmmm......

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