Wednesday 27 March 2013

2pm update - afternoon chop

Mr Market is still battling to go green, and I'm guessing it will manage it. USD is still holding opening gains. Oil looks stuck at key resistance. Gold is creeping higher, and Silver continues to recover after a sharp gap lower..now fractionally higher.


sp'daily5



SLV,daily2


Summary

Not much to add, aside that I'm pleased I was 'bold' (or is that reckless) enough to pick up a second SLV block at the open..which I just exited for 35% gains... :)

That is yet more $ to short these stupidly over-priced indexes.. for some time next week.

The good bears need to remain patient..and wait to meddle in indexes/VIX..after the Easter break.

back at 3pm