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

To: GROUND ZERO™ who wrote (23859)	8/19/2011 1:20:25 PM
From: Ontherise	Read Replies (1) \| Respond to of 219539

The only risk with silver right now is that it has run up a bunch, and JP Morgan hasn't flushed out the longs in 8 trading days. When will they pull the plug again???

To: GROUND ZERO™ who wrote (23859)	8/19/2011 1:40:38 PM
From: mazel-tov	Read Replies (1) \| Respond to of 219539

Good call on silver. I was dubious about the buy signal I got and posted ....... even though I took the signal. I will feel more comfortable once silver takes out the 43 level. BTW, any thoughts about how the market is likely to close? I have some QQQ puts that are in the money and are due to expire today. I was holding em because the upside seems to lack any real momentum and so I felt that the line of least resistance would be to the downside. Not sure the extent to which options expiration will affect the close.