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WestMaui76

05/13/11 11:01 AM

#3724 RE: StockSniper00 #3718

The problem is that you are trying to trade this like a stock by simply charting and looking at candlestick patterns. It is an ETF backed by silver which is heavily infuenced by outside forces (mainly the USD). Therefore, it doesn't matter what type of price pattern you have discovered as any number of headlines could come across and totally blow up the chart (for example the Greece situation could send people running into currency like the USD which will crush commodities thus silver...).

WM
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VIPR

05/13/11 11:02 AM

#3726 RE: StockSniper00 #3718

Okayy....I Will close it at 3:55PM and will make $200 on the hedgie short, mark my words.

Its so obvious, if you short here you're not going to make money.

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TaxiCaT

05/13/11 11:03 AM

#3727 RE: StockSniper00 #3718

Well I'm making money on my ZSL purchase this morning in the 19.20sssssss :-)
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revium

05/13/11 11:05 AM

#3728 RE: StockSniper00 #3718

lol @

Its so obvious, if you short here you're not going to make money.