Thursday, November 5, 2009

Silver Once Again

I was whipsawed out of the Silver futures short, after covering my first short around 16.42-- thank goodness for stops!

This is what I would call fractured market trading, asset classes all popping their heads up in a pop-a-mole fashion as fast money pops around while the topping cycle continues.

Very glad my ES long futures was still in place.   See attached possible IHS on ES. 

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Insightful and Useful Comment!