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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Silver Tops 30.00 An Oz. At 5:00 Closing.

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Ceylon62
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 Posted 12/19/2010  08:36 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
There is a lot of "decay" in ultra long / short etf's during sideways moves and at expiration. They are good for 1 to 3 day "directional" trades and not good for longer time horizons as they do not "track" the underlying very well.

I too think silver will move one way or another BUT I am playing the front month expiration on both sides and let the market forces decide which way it wants to resolve itself.
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IHPO8S
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 Posted 12/19/2010  09:51 am  Show Profile   Bookmark this reply Add IHPO8S to your friends list Get a Link to this Reply
$27.77 by years end. Mortimer sell, sell, sell.
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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