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Silver Wheaton Corp. Message Board

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  • nighttrader09 nighttrader09 Aug 26, 2010 5:17 AM Flag

    How many are still wating until Friday to invest in silver/SLW

    Sold slightly more than a third of my holdings about a week back at average price of slightly above $21.00 (at a profit of course), as I decided to take precaution due to cautions about pull backs to possibly July's low.

    After watching the breakout of Silver and the movement of SLW yesterday, I decided to take the plunge and bought everything back near the close plus about another 20% at average $21.50.

    Prepared to plunge more funds if price pull back further. However, I don't think the pull back will be lower than $20.80.

    Best of Luck to All.

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    • I may have fallen into a "trading trap" as I sold half my SLW shares today at $22.33 due to the incredible and quick upward move of this stock during last few days.

      If SLW declines $0.75 from that point, I'll probably buy the shares back. This "trading" has the feel of standing at the end of a craps table holding the dice in my hand........

19.82+0.80(+4.21%)Apr 1 4:03 PMEDT