Re: March silver...16.70 breakout pt.
Hi Silverbear, I bought a 18.50 call (March) about a month ago...just back to break even from what I paid now, lol but I think we could see 20.50 now easily over the next month..unless the dollar acccelerates upwards which is very possible maybe even likely...
I hope it at least pauses for a few weeks now...
On the other hand, like I've said, silver is sneaky and will move sometimes under the most unexpected circumstances so I am just following the charts...
Just wish I was trading it under the Euro currency lol...much more impressive rally to those folks...
The internet is out at my dad's house where we are staying this month (see, satellite IS better than AT&T DSL) so I will only check in every coupla' days....
Anyways 20.50 is the target by expiration....for now....we'll see...
Take care!
:-)#