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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 (29449)3/3/2012 6:08:38 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223520
 
That's encouraging to me since I'm now short silver, thanks for the info... I never really like shorting the precious metals, but this time the pattern looked so weak and I saw a good place to place my stop, so I jumped on it... I shorted silver and not gold because I suspect that if both silver and gold take another serious hit that silver has more downside room considering it's also an industrial metal and the silver market is also much more volatile, especially if the stock market pulls back at all... I think too many people are buying the dips now in silver, I think it may well be a mistake, but we'll soon find out...

GZ