It would not take that much for SLR to head back to $1.70-80 range.
This is going to be a slow week because of the US Thanksgiving holiday on Thursday (and their markets are closed early on Friday).
I wonder if there will be a Christmas rally this year. If not, then all we have left to hope for is a good announcement in late January 2011, which in terms of this market is a long way off.
I am not expecting the USD POG to do much for some months, in fact it could fall $100 in the near term.
Solution - grin and bear it, and buy some more when SLR has fully tanked.
loki
Add to My Watchlist
What is My Watchlist?