Trading Position Disclosure

April 29th, 2011

WARNING: This is not a recommendation to buy, sell or hold any financial instrument.

I bought a couple of May puts on SLV.

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5 Responses to “Trading Position Disclosure”

  1. spongeluke says:
    April 29, 2011 at 5:13 pm

    interesting, what makes you bearish on silver?

  2. Kevin says:
    April 29, 2011 at 5:48 pm

    If I was bearish on silver, I’d be selling my silver. Am I selling my silver? Not a gram.

    It’s just a little hedge in case the dollar finds support.

  3. dagobaz says:
    April 29, 2011 at 5:53 pm

    smart.

    retracement targets as follows:

    if mild: 46.875
    if aggressive: 45.3125
    if extreme: 43.75

    good luck !

    cybele

  4. Kevin says:
    April 29, 2011 at 6:10 pm

    Thanks 😉

  5. lagavulin says:
    May 1, 2011 at 5:53 am

    It’s been a big move, and it’s probably going to continue. But like Art Cashian used to say years back, “We may be going right up to Heaven, or to Hell in a Hand-basket, but we’ll TRADE our way there”.

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