How iz everyone? my si. thoughts... *PIC*
Hi guys!
How are ya Trades? Haligonian? Good to see yer posts Steve, wondered where ya went, I guess ya got busy like me it sounds like...
Sorry I don't post much anymore...I probably will have the time and patience for it once I am settled in Russia here in a week or so...(gonna be there 3 months!) but I must admit it was healthy for my trading account to just focus on trading for the last week or so without posting.... I sold my Dec. si. call option a week ago for a good profit and also purchased a sept 37 put for .30 Wed. and sold it this morning for 1.01.......so I'm skinnin' the cat both ways lately....
I agree with you Trades, best to do quick trades these days and not sit on a position for too long, at least until there is clear resolution with all this...(maybe there will be by Dec. 21st 2012? LOL!)
Anyways I think volatility just increased with silver and it might just be revvin' up for a really big run to the upside....lookin' at this chart it is still holdin' the uptrendline....but I am gonna be catious and let the market show the way...
Might buy a cheap out-of-the-money call monday and sell quickly if it breaks todays low significantly...