Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 665.67

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Nov 17 4:00 PM EST

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To: Oblivious who wrote (16721)	4/3/2011 10:23:58 PM
From: GROUND ZERO™	Read Replies (1) of 218913

Exactly, if you're referring to the same thing I am... if I really want it and expect the market to move significantly higher in the longer term, then I have no issue paying that "insurance" to know that I in fact own it and don't have to play around hoping for a pull back which may never come... I can then go ahead and live my life and not wonder if I'll ever get my buy order filled... this is not to say that there are those occasions that I may not want to pay more than a certain price for something, but with silver, the price is only relative to where it is currently... using last weeks low for a stop on new positions makes it easy for me to know the risk in advance... GZ

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