Tuesday, October 19, 2010

And finally...a SELL trigger

Today silver dropped so much that triggered a sell signal on my trend follower. Now, the new buy trigger is set at the 23.88 level.

For now, this is the so awaited correction in silver. I hope this is an healthy correction and that the uptrend will resume soon enough. We have two options here: the first is to believe that this is actually only a correction and, as such, keep the long position; the second one is to follow the system and actually sell SLV now...choose yours!

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