Monday, April 28, 2008

Alert: SLV

SLV is rolling over in the daily chart is it approaches its 100 day moving average (dma), but the stochastic is dead bottom turning up. This is more a FED play than any thing else so if you think the FED is about done (cutting rates) short SLV.

Short 1/4 position SLV @ 169.61 stop @188.53

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