Okay, I'm going long the stock indexes

[Monk]

Originally posted by wig@Oct 28 2004, 08:24 AM
Monk,

I am putting my money where my mouth is... shorting Silver from here up to 7.36/SIZ.

looks like a good play wig.... here is a chart on silver

http://stockcharts.com/def/servlet/SC.web?...Y%5D&listNum=70

so you are shorting at a good spot (from my charting perspective... I know you use cycles) as silver just bounced down off its resistance line

Currently, the precious metal stocks are outperforming the metal though... I don't dabble at all in the futures market or the metals themselves... just stocks.