Silver

Wednesday  30 April 2014

Stopped out of Jul position at price, 19.26   Repurchased at 19.30

Enter new sell stop at 18.80 for long established at 19.468.  The
stop is widened only because the market activity seems skewed
relative to recent price/volume activity.  This morning’s spike
lower and fast recovery is purely stop-driven by controlling
forces, as we see it.  [We have been wrong before.]

30 Apr – Sell 19.26
30 Apr – Buy 19.30

Loss = 4 cents, $40 plus $15 commission per contract

Today and tomorrow, we are in transit during early morning trading
hours and without access to a computer to be more timely in updating
information.

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