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Post# of 47321
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Toofuzzy

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Toofuzzy

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Re: lrp42 post# 37420

Wednesday, 12/04/2013 2:17:49 PM

Wednesday, December 04, 2013 2:17:49 PM

Post# of 47321
>>>>>>>Getting back to SLW. Looking at a chart of SLW and how far it has declined there is no way I would now hedge it with an inverse fund. The time to do that was about a year ago when SLW was around $40 a share....now it is around $19.40. At the time SLW was selling for around $40 a share DSLV was then selling for approximately $20 a share. DSLV has since tripled in value and currently selling for almost $60 a share, while SLW has lost about 50% of its value. If it were me I would wait until SLW has some extended gains before I would consider hedging it with DSLV.<<<<<<<

That is my point and why I was looking at this. I just bought a few more shares of SLW.

I wouldnt have a complaint about my "cash" tripling in value.

Toofuzzy

Take the road less traveled. It will make all the difference.

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