MannyLo

SILVER IS SOARING - SLV

Long
AMEX:SLV   ISHARES SILVER TRUST
SLV has been on a tear since the March lows, rallying over 80% and it's still going. Eventually we'll see a breather as volume begins to decrease and bulls take some profits, but at the moment the bullish trend is still going strong. If you're looking to play this one, I would wait for any dips you can get, buy in, tight stop loss (around 2%), and let it ride. Secure profits as you can and don't get greedy. Remember the trend is your friend until proven otherwise.

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I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
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Comment: Still going...
Comment: ....and going

Comments

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