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Silver Wheaton Corp. Message Board

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  • chemaes44 chemaes44 Oct 19, 2012 12:27 PM Flag

    when to get long silver

    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
    chemaes

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