Friday, November 12, 2010

Stopped Out of Silver - Waiting to Reload.

Took my SLV off the table after a furious leg up (position was up nearly 60%, yay, a winner).  Set stops and got hit.  Just an FYI, I suppose.  I still like the trade, but I am waiting for a pullback to reload.  Ultimately, aside from the "precious" nature of silver it has this whole "industrial" nature to it that helps support it.

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About Me

A student of the markets that has held portfolio management, analysis and trading positions for over 15 years.