Re: It appears silver is on a full out breakout.

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Optionsgal

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Re: It appears silver is on a full out breakout.

in response to

It appears silver is on a full out breakout.

jlately

posted on Feb 28, 2012 01:30PM

I'm always looking for the "tell". My SLV is up 5% so far today.

SLV's short interest change, was one of the top 50 highest on the NYSE for Feb. IMO, a move like that, is indicative of a change in sentiment, for silver's immediate direction. Many covering their asses...mighty quick. It's getting crowded on my side of the fence.