Silver's running today. Up about 0.40.
I put a 4% stop on my remaining silver position. I may tighten it up even further. When it triggers I'm going to put the $ into something that is doing better in this market instead of doing a "buy and hope" again.
Lady
If you think education is expensive, try ignorance. - Derek Bok
SLV gapped down again, I'm watching that green trendline.
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Last edited by JTH; 05-11-2009 at 09:50 PM.
Candlestick crack addict...
Still holding my SLV and physical silver. It may take a few more months but I think this administration is going to spend us right into devaluing the dollar and gold/silver will take off.
Sometimes I like to point out the obvious
Here are some 60 minute charts.
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Last edited by JTH; 05-11-2009 at 09:50 PM.
Candlestick crack addict...
My SLW @ 7.69 is smoking rocket fueled crack. I don’t know which rising tide is rising which ship, but I like it. A little higher and I'll be setting a stop and then looking for a pullback.
OBTW, that's 3 gaps up I wonder what that means?
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Candlestick crack addict...
SLW: Weekly chart sitting on 50 DMA. Hopefully the break out from the bear flag at the low 6's in the weekly chart holds.
"Don't let your highs get too high and don't let your lows get too low." Bullitt’s Market Blog
I think silver has recovered a little up to over $20 an ounce.