Discussion in 'Metal Futures' started by mikeenday, May 2, 2011.
if it drops another 10%, and reverses.
how much of a reversal are we talking here before jumping in?
just put some random stoploss that makes sense. and buy then hope.
usually it should work.
CME is trying desperately to kill the silver price. 3 silver margin hikes in a week. I smell desperation in the air. There is probably going to be a run to $100 in the next month or two if what is happening what I think is happening.
Don't get too clever with silver. If it drops significantly (~30- 50%) at any point in the next few years take the opportunity of a lifetime and buy.
Of course it may just keep going up with no retracements like the DOW did when it first broke 1000..
The opportunity of a lifetime in silver was early 09
Does JPM still have a large short interest or is that all covered by now?
the margin hikes were not very large.
Im already long physical silver from way down.. but its not a huge position unfortunately (unleveraged) damnit! lol
SLV down 5% and it does not feel like Longs have capitulated. even more downside today?
Separate names with a comma.