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re: SLV

Posted on 11/21/13 at 8:08 am to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89812 posts
Posted on 11/21/13 at 8:08 am to
Russian - what should I look at for an exit position from this?

It looks like it has trouble at about $22 since May, except for that bump from late August to mid September - $21 6/8 would be up $2 1/2 that would be about 12% (for me).

Does this thing move primarily on the spot price of silver?
This post was edited on 11/21/13 at 8:08 am
Posted by Lsut81
Member since Jun 2005
80383 posts
Posted on 11/21/13 at 8:17 am to
quote:

Russian - what should I look at for an exit position from this?


I don't know about him, but I'm going to ride it up to between 22-23

Looks like that is about where it runs up to then drops back.
Posted by LSURussian
Member since Feb 2005
127359 posts
Posted on 11/21/13 at 8:20 am to
quote:

Does this thing move primarily on the spot price of silver?
I think it's a combination of spot and futures prices.

quote:

what should I look at for an exit position from this?
That depends on your risk tolerance.

I adhere to Warren Buffett's saying, "No one ever lost money by taking profits."
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