This thread is dead...where are all the active traders at?
Quote:
Originally Posted by stylinexpat
Good luck. You should be good with that one. SLV may dip below 30 in the near term but I reckon it should head north after. I think the US wants oil prices to come down and when oil prices come down Silver and Gold should also come down as well as commodities move together at times.
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I see a short term target of $32 and long term of $34. Wish I picked up more SLV at $30.
Quote:
Originally Posted by Dr. G
I've taken a pretty solid beating from about April until now. Pretty much because I had no time to longer manage my account and I kind of let things sit how they are hoping for the best.
Horrible decision! I ended up taking a huge hit and am now trying to decide whether I take my losses and pull out or whether I make a game plan and get back on top of things.
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I would hold it and see how the market responds. It has already been down 7% since Obama has been reelected. The question is where is the bottom and when it will bounce back?