RE: RE: A picture is worth....?Actually I'm long as per my last post. The bottom of what ...silver perhaps? Perhaps they are right. Thus being long. However I will be out very quickly once my target is hit in case I am right. USA.V has been hit hard by their hedge - whether you care to believe it or not. If silver plummets, and your frequently consulted TA's are wrong, USA will sink. If you are right USA.V will perform better but, in my view, very anemically. To support my position I posted a chart. Here is another for those who are unsure about the hedge and its effect so far. You might find it interesting and useful.
Here is a picture of USA.V v. spot silver. Draw your own conclusions - my money is where my mouth is and I will support whatever I say with my interpretation of the technicals.
I would encourage others to post constructive information as well...rather than jaundiced hyperbullia (sic).
DYODD & GLTA
https://i1205.photobucket.com/albums/bb431/alphakodiak/USAVVSPOTSILVER.jpg