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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST
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To: GROUND ZERO™ who wrote (49520)5/1/2013 4:02:10 PM
From: Machaon1 Recommendation  Read Replies (2) of 218821
 
This should make you happy... I just went long the gold, silver, and platinum again
Thanks for letting me know about your PM reversal. I've decided to take your lead and pick up a little more SLV. A move up towards $27 or so would also make me happy! In fact, it would probably make me a little happier! :)

The silver splat today was on relatively low volume, and then most of today's volume, albeit not too high, kicked in on the bottom and on the rebound. That seemed to be slightly bullish for this trading neophyte.

What got me into Silver, to begin with, was the huge volume that kicked in when SLV first went down close to $22. Lots and lots of money poured in AFTER the dump towards $22. I figured that, at the bottom, the smart money was moving in, and the timid money was moving out.

Thanks for your comments!
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