Joe, SLR has been a great trade for me over the last 5 months or so. Have been trading the chart not the sentiment pretty strictly and have missed the bottoms and tops by fair margins. Got in under 40c two days ago when my triggers was tapped. Will be out in when the current pullback in the DOW hits the turn in a week or so. Santa rally might be short and quite negative for the shiny stuff.
You won't lose any money waiting but I would start investigating some strategies that work so you know when the turn has happened.
SLR Price at posting:
37.0¢ Sentiment: ST Sell Disclosure: Held
