TRADE ALERT (8:40pm EST): I am posting a late trade in silver here as I did not have a chance to analyze all the markets before they closed today. We have been watching silver very carefully to sell it short (we have been maintaining a short position in gold for the last three weeks) and today the silver (and gold) charts were looking very bearish with several sell indicators appearing so we are going to place a short sell in silver at this time.
I will post an update on the broad stock market tomorrow around 3:00pm EST when the days trading is nearly over and I can better assess what has been a wild week in this market due to the "fiscal cliff" negotiations.
I will post an update on the broad stock market tomorrow around 3:00pm EST when the days trading is nearly over and I can better assess what has been a wild week in this market due to the "fiscal cliff" negotiations.
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