TBT, Ugly Reversal after breakout

 

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STMP Long trade

STMP beats earnings and ramps up strongly. Buying  at 28.50, if it come down there. S/L will be $0.05 below today’s low.


TBT Oct 27

 


SLV Oct 27

 


TBT:Oct 26

I believe the bonds are in the process of completing the 30 years long trend and a reversal is at hand. I will play it with Ultrashort TBT, when and if it happens.


Silver: Oct 26

Silver consolidated in the upper range of yesterday’s strong move. Rumors from EU of Euro 1 trillion ESFS fund in the works warms the heart of inflation bulls. And silver responds. Must stay above support line for uptrend to remain valid.