Tuesday, February 27, 2007

Sold SLV

Sold out my position in SLV, it was white knuckle time when SLV opened up in the morning, saw my $7.28 gain turn into a .20 loss, hung with it and sold out in the afternoon. It was not easy to do, today's market action had more twists and turns than a rattlesnake on speed. SLV's trend is still bullish, right above the daily 20 EMA, the 60 min. trend is still positive. If the MACD on the 60 min. crosses up, then I will go long.

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