Re: Silver following Crude?...SLV puts/rabbit

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In Response To: Re: Silver following Crude?SLV provides a clue/Hal ()

Hi rabbit,

Already pretty deep into SLV puts for July...35's, 34's, and 33's, all in the green currently...will be starting to price out/track the October ones in the coming days/weeks....anticipating a good sized decline imminently, followed by a bounce into late July/early August...the powers that be are engineering a commodity take-down here as the QE2 liquidity taps get turned off this week...the crude oil release was the trigger...pretty slick way to wipe out the long specs once again...silver follows crude IMHO.

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Re: Silver following Crude?...SLV puts/rabbit

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