Silver Wheaton Corp. Message Board

Ya, sold some Nov 17 options today, but may short more on Monday as this thing is getting overbought on daily charts but close was still strong. A quick 2 or 3 dollar drop will probably do the trick before we move higher - let's see what the Fed has to say on wed.

I think Monday might be a trend reversal day. We are past the upper BB. It's possible we might either kiss or crash through the 200 DMA and then bounce hard off. This correction should be short lived.

I know that this has risk, I will cover if it goes bad on Monday.

I'm short too but I wish I had waited. I lost a lot of potential profit. We will see what Monday brings!