Friday, April 9, 2010

Dull Friday...

SLV cashed out at its target price.. 5.3% profit. 7 trading days. Definitely coulda made more, but all in all these moves in silver are generally short pops. Due to those characteristics of this etf the system uses a small multiple of ATRs as the target. Seems like nothing to move the market one way or the other. Earnings may give an excuse for it to move next week.

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