Say Goodnight - 10yr Bear Market Continues (metals > equities)
I don't really need to say much here do I?
INX/XAGUSD
This is how many ounces of silver it takes to buy the SPX.
I figured the trend would continue by Q2 2014.
I just did not it expect it so soon in the year.
Almost 100 ounces of silver to buy the SPX? NO THANK YOU.
I'll become interested around 75 again.. and that's a big IF. It will require a lot of basing and supportive candles.
After 75 maybe another move at 100 and then it will fall big again down to sub 50.
The aggressive play here is long VIX and long silver or short SPX and long silver.
The conservative play is to long both silver and the SPX.
INX/XAGUSD
This is how many ounces of silver it takes to buy the SPX.
I figured the trend would continue by Q2 2014.
I just did not it expect it so soon in the year.
Almost 100 ounces of silver to buy the SPX? NO THANK YOU.
I'll become interested around 75 again.. and that's a big IF. It will require a lot of basing and supportive candles.
After 75 maybe another move at 100 and then it will fall big again down to sub 50.
The aggressive play here is long VIX and long silver or short SPX and long silver.
The conservative play is to long both silver and the SPX.