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MEMC Electronic Materials Inc. Message Board

  • horacebello horacebello May 13, 2009 5:05 PM Flag

    XAGUSD bteween FAS/FAZ

    I 've strong positions in physical gold and silver.
    Proportionally to market demand (especially communications) is more flexible and dangerous the silver than gold rising as much down ..
    Take more time in these curves that FAZ or FAS.
    We are defining a long-term XAGUSD and my cut is 14.60 dollars: surpassing this price, I'll continue FAZ until the DJIA in 7800 and if exceeds $ 16 bucks I'll be waiting for the DJIA fighting between 7600/7700 and this is a great discuss..

    At the other side of the Roman circus, the bra should not cut since October 2008: If XAGUSD loses it october 2008 support, there will be time to buy FAS.

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