Thursday, January 21, 2010

SI 1st Target Hit!

WOW!  What a struggle.  At $25 a tick per contract I still hold my breath a little with silver.  When we missed the 1st target by 1 tick just after 1pm cst I was a bit upset to say the least.  But we hung in there taking in a nice profit.  The market looks set to sell into the close and the metals should follow it.  The Dollar has seen an uptick heading into the close as well so lets see if we can get the next target.

2nd Target is @ 17.370

Move stop to breakeven @ 17.525