Sunday, March 4, 2012

SLV: update


SLV short looking good.  Sold short on bounce, sold off the next day.   I have an  sell stop order to sell short another 25 shares if the stock continues to sell off.    Upon a close below 26 Week average, I will add to the position.  I well keep a stop at the high from this past run.



My hesitation with the SLV short is that the impulse is still green on the Weekly chart.  For that reason, I am staying small shares until I have confirmation on the weekly.


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