sp'60min
SLV, daily'3, H/S idea.
Summary
Well, here we are again. Another week. and we're set to see the sp' break into the 1800s..and the Dow 16000s.
For those that managed to read most of what I posted at the weekend, you'll already know the bears face major problems this week. There are no less than TWO doses of QE-pomo today, that might total as much as $6bn.
It will be near impossible for the market to sell lower until late Wed/early Thursday, and even then, it'll most likely be no more than 1% or so.
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*Amongst other things, I have a Silver (via SLV) short position, and continue to seek much lower levels in the metals...for many months to come.
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Have a good week everyone!