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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (16546)3/29/2011 2:02:15 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223434
 
I'm not worried, although being light is always the smarter thing to do... or you could always write calls on your longs, this would give you good downside protection...

GZ



To: rubbersoul who wrote (16546)3/29/2011 2:05:33 PM
From: GROUND ZERO™2 Recommendations  Respond to of 223434
 
For silver, looking at the 60 minute chart, I see what could be called a rounding bottom... this is very bullish provided we rally from these levels, it might take another day or two to complete this pattern... a move above 37.25 should do the trick... or a move above 36.35 in the SLV... either way, I think it's going to make new highs before the end of this week, well maybe before the end of next week...BWDIK

charts.insidestocks.com

GZ



To: rubbersoul who wrote (16546)3/29/2011 6:10:13 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 223434
 
Okay, what just happened with silver? SLV just jumped 15 points and AGQ jumped 150 points just now, not too shabby for an after hours market... gold barely budged... okay, May silver is up 18 cents and gold is now up $2.80, so I think we're okay for tomorrow...

GZ