ARCA:ZSL - Post Discussion
Post by
Contra_Man on May 18, 2011 4:16pm
Added Back 50% Allocation
Taking a wait and seeapproach to Silver by hedging gains to date on HZU-t and AGQ-N with a50% reduction in the longs as well at this point in time. :( Glad toleave the PM arena after the double down call on AGQ-N HZU-t earlierwith hat and hand intact. We are now just neutral on SLV (down fromextremely overweight this morning).
We will use a 11.52% stoploss on the 50% remainder of the long SLV holdings. Needed to break$35.50/oz. and it did not, and with no volume we are taking our risk offthe table for the time being.
Be the first to comment on this post