AGGRESIVELY SHORTING SILVER FUTURES
Aggressively short selling silver futures in the range of $49.30 to $51 on all up spikes.
April 27, 2011
Aggressively short selling silver futures in the range of $49.30 to $51 on all up spikes.
We are short from $55.57. In three days the stock is at $52.46. This profit should be protected here by either taking a partial gain or putting a stop on partial quantity at $52.76. Stop on the remaining quantity is at $53.16
The sizzle in Yum Brands (YUM) is overdone. We are now short from $55.57. Enthusiasm on China is not justified based on a forward look. Buying Yum here is like driving looking only in the rear view mirror. The stock is up over $4.00 after the
We are adding to silver (SLV) short position right here. We are selling short front month futures at $45.30. For those not trading futures, the best way to take advantage of the top in silver is to short a closed end fund that trades at a premium to
Tyco International (TYC) has run up on the rumors that Schneider of France will buy Tyco. The CEO of Schneider has just confirmed that he has no plans to buy Tyco. We have lightly scaled in a short sell of Tyco at $49.25. Details of our trading
This post is describing only one of our reasons for short selling silver (SLV). The computers at the The Arora Report are monitoring every tick of trading on silver futures and major silver ETFs. Our proprietary indicators slice and dice the money flow data in real time.
As per the prior post, we are adding another 5% tranche to our short silver (SLK1, SLV) at $43.80. Our proprietary indicators are showing that silver may be close to a top.
One of our readers summed up the reality on Pan American Silver (PAAS) very nicely in his comment. Here is the comment. As the Bolivian assets are less then 3% of total reserves 6,947K vs 245,245K Oz Link to the company website http://www.panamericansilver.com/operation/documents/ReservesPAS2011_finalFeb15.pdf April 15, 2011 We will issue an
We are short on Identive Group (INVE) from $5.84. We are sitting on 41.42% profit in three days on Identive Group (INVE). This amounts to 5040% profit on an annualized basis. It is always best to think in terms of annualized profits. Interestingly, several news services gave me credit for
Coeur d`Alene Mines (CDE) has issued a statement that it has received an assurance from the government in Bolivia that its mine will not be nationalized. Coeur d`Alene Mines is in bed with the labor union at the mine and the relationship seems to be helping. Bolivia accounts for 20%