TSXV:SLX.P - Post by User
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Bogapeton Apr 27, 2011 7:07pm
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Post# 18497423
Anybody see this?
Anybody see this?
??????
' I Have Reentered My Speculative Silver Position' – David Morgan
27 April 2011, 06:33 p.m.
By Debbie Carlson
Of Kitco News
https://www.kitco.com/
(Kitco News)- Well-known silver investor David Morgan who told me yesterday he sold his speculative silver position following Monday’s rally is now back in the trade.
“I’m back in my speculative silver position,” Morgan said, which includes futures, options and selected equity positions. He said his proprietary trading software was able to get him back in his previous long positions almost at the lows. .Since Monday’s peak, silver prices have pulled back over 10 %. The retreat didn’t surprise him and trading Silver for over 30 years gives him an obvious edge said Morgan.“ he had anticipated Monday's topping action and his software and trading discipline enabled him to get back in at the lows.
By Debbie Carlson of Kitco News dcarlson@kitco.com