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Silver Wheaton Corp. Message Board

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  • tom8yours tom8yours Oct 19, 2012 10:15 AM Flag

    when to get long silver

    Chem my friend, I appreciate the "fish" you throw us, but how about teaching this guy to fish a little like you. What book(s) would you recommend as a starting place? TIA

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    • Hey Tom buddy,

      I've never read a book on the subject.

      I'll send you an email over the weekend.

      As I wrote at around 7 am, I'm short silver and although it's too early to tell, I think that 7% down I wrote about a while ago, is very likely now. Those calls from yesterday are obviously at a loss today, but measured against the net profit yesterday i couldn't lose. They are dated out to dec so, anythings possible, they can come back. Today's short more than makes up for those calls possibly expiring worthless 4 fold over.

      the technical damage is severe, the writing on the wall says 31.70 is todays or sunday night target on silver.

      keep your long powder dry for an opportunity to get long next week, i think;)

      good trading

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