Monday, May 2, 2011

Trader Dan Norcini on Silver Futures

Dan said:  "....There is an attempt going on here to rid the general public of its positions leaving only the big boys to play...."

Everyone makes up their own mind but based on this article I'm going to sit still hedged in cash and wait for the BIG SILVER DUMP here.  The days of IRA and 401K liquidation are still coming:
http://traderdannorcini.blogspot.com/2011/05/cme-group-hikes-margin-requirements-for.html

Take a look at Trader Dan's SILVER CHART HERE and place your bets.  I'm waiting for lower:
 
...developing...