Subscribe to NFTRH for actionable technical analysis, market ratio analysis, sentiment analysis, macro fundamental awareness... and whatever else is required to stay on the right side of the markets
Tuesday, May 18, 2010
ZSL
Silver short ZSL covered for a very modest 3+% gain after providing insurance. Other shorts still held and getting hit as we evaluate the nature of this expression of relief. Tell you what; if this has any longevity to it whatsoever, the PM's (led by silver) will probably end up outperforming soon enough. Hence, goodbye ZSL... for now.