"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, November 19, 2010

Bought ZSL on Silver's rebound...

As short term protection for gold stocks and one core silver holding, FVI.TO (FVITF).  ZSL is added to a couple other (non PM related) bear positions initiated two days ago.  Feel free to fade if you'r an unbridled bull.  Edit (2:22) And while not a large position, if markets float into the close I will probably not carry this or any bear positions into a light holiday week, when things can tend to levitate.  Boy I love taking small losses!