This post was just published on ZYX Short Sell Change Alert.
Adding a 5% tranche to SLV short around $32.37 (future equivalent is $33.40) based on Fed statement. Stop zone on this tranche is $33.12 to $33.26.
The Fed announcement is in line with what we told you about expectations of most rational Fed watchers in this ‘morning’s capsule’ in the Real Time Feed. The momo crowd was completely off base.