Quote:
Originally Posted by lamboguy
nice call on GE. i agree with this oil trade as well.. ..its gone up to far and to fast for my liking right now.. i wouldn't be shorting it right now. i think i would be waiting for it to become more extended.
my 2 top trades today are short the US dollar and long silver. i suspect that silver will be at $50 by the end of the year and that would make total sense. if you try to buy physical silver right now you are paying up to $40 for it right now after paying extreme premiums.
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Long silver(SLV) looks good. The one commodity I try to avoid is NATGAS, it's kicked my ass repeatedly. I saw that some cable stations were running half-hour long infomercials this past weekend on physical silver. I don't like that all those costs are all cooked into the premium.
