SLV: Added more

3rd entry on SLV.  I went short the bounce towards the end of the day and scored an 82% on today's entry.  Stop on the entire position at 34.01.  Risk = .25R    Target 30 to start unloading.   Then ride the remainder to mid 20s

The COT reports that the commercial traders are becoming increasingly short.

http://www.cftc.gov/dea/options/deacmxsof.htm