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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 (50141)	5/13/2013 7:23:08 PM
From: Machaon	1 Recommendation Read Replies (1) \| Respond to of 220835

then, you might consider covered call positions, maybe deep in the money... those are relatively safe... Thanks. I will look into that. I had my finger on the SLV buy button several times today, especially near the end of trading, but your comment stopped me: Comment from Ground Zero: I think these metals have more downside to go... I don't see any capitulation yet in the gold, still too many bottom pickers getting too comfortable... and with the dollar continuing higher, I don't see how gold could run away or go very far without running into more selling along the way... I would normally have picked up my first piece of SLV, but your comment echoed thru my dense noggin! You talked me away from playing momentum, like I usually do, and go with your opinion instead. I have much more regard for your trading acumen than my own. Thanks again for sharing your evaluation!