Above is a chart of SLV. There has been absolute carnage in SLV. As they say a downfall in SLV predicts a recession. Well how true. Anyways, we think SLV has almost completed the first of its downward move. The chart looks prime for a take off to the 14 region, in the next 2-3 months.
Buy on any pullbacks. Hop on, ride on.
6 comments:
Clarke...whats a good entry point for SLV? I was thinking below 9?
I am waiting around 9.1. My stop is around 8.8
I was thinking 8.62..support
yes around that, would be great. But I don't think it will get there. We'll see.
Did you sell off your SDS or are you still holding it?
I sold my SDS...that was close.
Are you still waiting for SLV to come down?
Clarke, how does SLV move with the market? If the market is up SLV will go up?
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