What happened SLV/GLD 6/1 ?

Discussion in 'ETFs' started by Whistlingleaf, Jun 2, 2011.

  1. What happened at 12:30 yesterday ? News event ?

    I see massive volume to the downside on just the Silver and Gold ETFs.

    I left at noon and just logged on now at 5 AM.

    For the record I'm long ZSL (covered calls).
  2. ==================
    Compared to the sell in May1st.... -hey;
    not much of anything:D

    Please recheck your data;
    medium silver trends are down, but volume isnt anything like that parabolic early may SLV down-blastt:cool:

    Long term Uptrend s gold & silver are fine;
    4,000+ year UPtrends ,SLV actually looks bearish short term for silver