Market Curiosity: Exploring Markets And Systems

February 10, 2011

SLW – Patiently waiting for the end of the little correction…

Filed under: Just Watching — Tags: , — Jeff Fitzmyers @ 9:33 pm

Would like to see SLW lead silver in this chart:

Also, SLW was constantly down all day today compared to most everything else. If SLW seems to lead most of the time, that would be leading lower 🙂

Expecting some more back and fill for a short time. Possible downside target for SLW is a bit less than 32.

Feb 11: The other possibility is that SLW just takes off. It only trades 350,000,000 FRN’s/day.

References
+ Caution warranted if long silver or silver stocks

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