Silver

[etftalk]

Silver is running away from me. I was trying to buy the breakout of AGQ (2x silver) on any pullback near 131 (it was 132+ at the time) but my open order was never hit. That was 2 days ago. Today it is hitting 144.

[etftalk]

Adding to some of my silver ETF, AGQ. This pullback hurts as I had some decent gains in this trade just a couple of days ago, but it looks like it is now or never for the silver trend.

My stop is below the trend...

[Nate]

I've got my eye on SIVR. It wont perform like AGQ, but more in my price range for now. Still building that base.

[etftalk]

Well, I just got stopped out of AGQ. Lots of volatility in silver. It may be a sign of the top. I may nibble on some ZSL (ultra short silver).

[etftalk]

I bought that ZSL (ultra short silver) @11.30 a few days ago and actually sold 1/4 of the position already after today's sell off in silver. It looks like silver needs to be sold on rallies.

[etftalk]

I just sold another 1/4 of my original position in ZSL.

This sucker could be ready to fly, but I had a pretty big position on, made a nice profit, and I'm now down to half a position.

Bought @ 11.30. Sold 1/4 position @ 12.16. Sold 1/4 @ 12.55. Still hold 1/2 position.

[XL-entLady]

Sweet! Good job.

[etftalk]

I just sold another 1/4 of my original position in ZSL.

This sucker could be ready to fly, but I had a pretty big position on, made a nice profit, and I'm now down to half a position.

Bought @ 11.30. Sold 1/4 position @ 12.16. Sold 1/4 @ 12.55. Still hold 1/2 position.

Adding here at 11.86.

[etftalk]

Wow! I just got back from lunch. Looks like silver took another dive. I'm glad I made the move.

We got to keep selling those rallies in silver (or buy ZSL - ultra short silver).

[XL-entLady]

Good luck!