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Silver... SLV too........ we might be back !

May 25, 2011 3:46 AM ET
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golfitobob's Blog
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Seeking Alpha Analyst Since 2011

Not much to tell. Born in NY, NY in 1955 and at age 7 my Jewish dad thought I should go with him to the brokerage house. Not tee ball or pop warner football. Such is life. All I know is the market for 49 years and am now retired at 53 ( now 56) and 3 years living in Panama an 5 before in Costa Rica is good. A 26 year old tica wife also is good. I have national medical insurance for 12 bucks a month in Costa Rica and private coverage in Panama at a great hospital........ Prices are 60 to 70% cheaper than the US and today I paid my yearly car insurance for $ 115.28.......... What more does a current bio need. Self employed 35 years and opened 5 businesses and sold all 5.. With good internet a news junkie I am. A little Bloomberg; CNBC, Fox an CNN business........ Plus living outside the US gives a clearer picture.

Well, Europe is open an down. Asia is down too........

. Applied Materials is sad this morning with bla bla bla s  an can pull tech lower.

But good old silver dragged poor old SLV higher.  We moved the Stop up a buck !
$  34.90............

Silver gained a solid 4%+  yesterday and that is a great gain compared to the rest of all the tradables..........

Silver is up now and gold just turned green too. Copper is also up ,so, things look good and if SLV does manage to move up I will kick the stop a bit higher.......

Oil is the only drag as it is down......

REMEMBER.........SLV............. It is still paper and if it moves like yesterday over 2% plus higher .............. !?

 I'll grab the ZSL. ........Wait for a profit taking segment intraday an dump the ZSL for a whatever gain........ We Will post if a ZSL trade goes in.........

Funny thing , ........... The dollar gained again ,but, the metals still gained. I have been saying there disconnecting and I am told I am nuts........ Will see ( as always)

If the 33 spot did hold there is the 40 dollar area might be the new floor coming ........ cool

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