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Those lucky to get in SLV @26.11 on 1/28/11 now taking profits, as today show no carryover to 30+.AGQ has potential to 200 by EOY, but not in a straight line.Avoid the parabolic move by having SLV trading range (some call it a correction/pullback) 22-27.AGQ from 117 to 150 in less than 2 weeks - expecting more to 160-175 is a stretch!Would not be surprised for a 5-8 days SLV trade range.
i sold at 153, but this mid east stuff is driving the market now, i just didn't want to get greedy so took it off the table
Ya did alright. I would've sold a covered call as both as hedge and to squeeze the last few points out of the position, but that's just me. Good job!
I'm nibbling, but waiting for the downtrend to breakbefore aggressively buyinghttp://stockcharts.com/h-sc/ui?s=SIL:SLV&p=1&yr=0&mn=0&dy=20&id=p90266933036&a=222586383
gold miners show the 12 day uptrend holding.However, i've got only my 310 sh AGQ core position.Took profits in 80 AGQ shares bought in pre mkt.http://stockcharts.com/h-sc/ui?s=GDX&p=1&yr=0&mn=0&dy=20&id=p17165715365&a=157026948