Tuesday, November 16, 2010

Trade Update: SLV

Well the market makers must be reading my blog. Because I put the stop for SLV at $24.44 and that stop was hit today. Now guess what the low of the day was. Easy, wasn't it.

We were long 25 shares at $16.53 and 75 shares at $18.40 for cost basis of $17.93. And now we were stopped out at $24.44 to the penny.

That still might not be such a bad thing, we will just have to wait and see.

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