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Holding: SLV

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Symbol Sector Return Exposure Trades Last Trade Status
SLV Equity Investment Instruments 23.66% 
Long
9  16-Dec-08  Currently Holding
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02-Jan-08

IShares Silver ETF

Holding Rationale for SLV.

I entered this position today as it hit my system buy stop, and in synch with gold gapping sharply higher, to new highs on the current move. Although silver and gold are strongly correlated, by some measures, silver is said to have stronger fundamentals. My initial stop is at 136.22.

Tagged Stocks: SLV

 

Posted at 21:06 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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Credibility in SLV

Don_Bartell

SLV Long
Rank 1/95
Return 23.66% at 2009-01-08
Rank 1/95
Trades 9
Followers 178
 

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