Not sure where you get that impression. Most traders look for reasons to short silver anywhere they can and have been since it hit $20. Most of the bullish views are from those who have been bullish for a long time, particularly goldbugs and the anti-fiat, anti-Fed crowd. Just look at this board, every other week these is someone new proclaiming that the metals are a bubble. Yet it is the same core group which has the opposing view.
Hey at $20 I was one of those futures traders buying into the silver bubble. I also happened to be the futures trader who was shorting the bubble at 30.50. So, that means I have made a killing either way.
Oh really? I'm sure you have. How are those paper trading profits treating you? Living in a big paper house yet or still stuck in the parents' basement?
Umm if you read my thread I took my shorts out for various profit. Like 29.68, but anyway I have had some great days in silver, lol
Also ben, I've been a buyer of silver at various levels, this morning session trade. I am not loyal to any market crowd. I jump from being a bull, to a bear constantly every single day. You can't identify me in any other way. Besides a high frequency long, or short trader. Who had a short bias for a period of time. Made some big money from a big move, and going long again for various time frames. Don't miss-understand I am not here to be doom gloom. I just pointed out a short term correction, made money off of it. Making money off of a relief rally, and going in and out with scalps. Because there's a ton of opportunities to do so.