Thursday, May 5, 2011

Update On SLV

SLV


  • Hit the bottom line of the fork and holding
  • Covered (20% in 4 days, do not be greedy)
  • All commodities  are falling due to the dollar
  • Break $35 on the SLV would be very bearish
  • Funny how thing can change so fast in a week
  • All the down side in SLV, GLD, and the USO could be off set by QE3