Fertilizers, Oil, Oil Service, Gold, Copper, Silver are correcting here. A bit of a dollar rally combined wth extreme oversold conditions are the reasons. We'll have to see if they turn it around later. The gap ups were indeed faded. The semis are strong
Notable Weakness here:
MOS,POT,OIH,SLV,GLD
Petroleum #'s any minute
Showing posts with label SLV. Show all posts
Showing posts with label SLV. Show all posts
Wednesday, April 23, 2008
First Hour
Monday, February 25, 2008
Everybody Loves Gold But What About........................
Silver has been on fire. Pure silver really is a cool commodity, however our girlfriends and wives will never entertain the metal. If it isn't gold or diamond they run the other way. I,however, beg to differ from an investment standpoint. After all, when was the last time my wife ever made me money? I mentioned PAAS recently, and here is another one that should perform well over the next few weeks assuming the environment stays hot.
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
