Monday, May 6, 2013

SLV / AGQ

Yes, I still have a 2x leverage long ETF (UltraSilver) open, if I did not have it open, I'd open it now personally as I think SLV will move to the upside, but you must be nimble and ready to close this out pretty fast, possibly as soon as tomorrow.

I think Gold has an ok chance of a short term fast move up, but I would not play it, the probabilities and set up are not strong enough.

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