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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (18941)	12/18/2004 5:33:52 PM
From: orkrious	Respond to of 116555

I bet lots of people blew up in that downdraft. maybe so, but IMHO anyone who buys silver futs with enough leverage to blowup on a downdraft from $8 to $6.50 deserves to blow up.

To: mishedlo who wrote (18941)	12/18/2004 6:40:05 PM
From: yard_man	Respond to of 116555

all I was saying is -- at 6.60 -- you don't have 2.00 downside risk -- maybe you have risk to 6.20 or 6.00 -- if you buy three months and don't overleverage, I think it is a buy. For those not doing futures -- it's a good time to pick up a few more bars -- or a couple more boxes of coins -- just as a part of a DCA program to acquire physical -- it's easy -- it's a slam dunk, IMO.