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Patterns suggested to harvest Silver a couple of months ago. I suspect some have traded Silver better than I over the past 90 days, yet I have found the choppy pattern in SLV to be of little interest, so I have just been an observer. At this time though my interest level is increasing, due to the potential of an upper level consolidation pattern, could be coming to an end.
Game Plan… I want to be a buyer of SLV on an upside breakout. I will update shortly per any action to take.
Kevin….PSLV has done very well, as you know! Check out the comparison at the link below…
http://finance.yahoo.com/echarts?s=PSLV+Interactive#chart5:symbol=pslv;range=3m;compare=slv+sil;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Hi Chris,
Curious to hear your thoughts on PSLV vs SLV? Is the NAV premium on PSLV tradeable in your opinion, or do you prefer the liquidity in SLV? I’m long PM’s (we’ve talked..LOL!), and like PSLV vs. SLV because of the NAV and the implications about JPM and SLV… but curious if you have an opinion on the products to share? Thanks.