Tag Archives: Silver
A.M. Look 5/13/11
There is not much to say this a.m.except we’ll use the stops listed last night for our SPU/BOND spread as intraday #’s. The Euro, Aussie,and AUD/JPY are flirting either side of unchanged on the week, and as of now, seem to be a … Continue reading
Risk On / Risk Off
The bots ( computers) are in control! Yesterday we missed the short side on the stocks. We’d like to put some out against yesterday’s high of 1352. Our current positions will be as follows: Short S&P 500/ Long 30 year Bonds futures, Long … Continue reading
Silver…Gold…SLV ETF
This is the type of price action I like to see if I am on a fishing expedition. Today I am fishing for Silver. I want to buy a little of the SLV ETF.Why, because it just put in a new … Continue reading
A.M. Look 5/10/11
The bargain hunting continues after last weeks sell off. We now have no current positions. Our trailing stop in the Aussie Dollar was elected on the close yesterday. Silver resistance is 39.75-40.00 dollars ( a 30% bounce off the recent low). 1520 … Continue reading
A.M. Look 5/9/11
The commodities are all back with a vengeance since the opening bell last night. Trading should be viewed as technical for the next couple of weeks. Focus on buying any good “big break” where you can manage your downside. Keep … Continue reading
SILVER
You always have to ask yourself what the market is trying to do. By looking at this chart it is clear that on Wed when we tried a buy it was based off a yearly swing. Silver is now re-testing the … Continue reading
A.M. Look 5/5/11
Yesterday we nibbled on some Gold and Silver ETF’s.. Ouch! It’s painful to be early! The pain is only mitigated by the Short Aussie we hold against them.Silver needs to show some kind of a reversal in the next couple … Continue reading
SLV…GLD…SPU
We just got a little bigger on the long side of Gold and Silver.. The Spu and Nasd have held for now and it would not surprise us to see some strength into tomorrow before unemployment. —
SILVER..SLV ETF
I’ve just nibbled a little at the long side here via the SlV ETF. I do not want to totally miss the zone. Professional traders..it’s your discretion down here!
Time Frame Trading
Pay attention for directional flow changes today after London’s close. My dream trade of the day would be to buy the silver (SMALL) with a very tight stop! against the 38.20 level. If you’re ever going to look for a … Continue reading