Premarket notes: May 6, 2011
i think there’s more weakness left in Silver, tactically. I wont hold any short over the weekend though, the weekly chart will really look horrible
Can afford to be very judicious here; i continue to look at the techs; Plenty of indices on the chasnnelling and overreaction tradeset up. I will be stalking for intraday entries. but not in any hurry to get long ion the face of bad economic data (jobs) and a general slowing of business sectors across the board.
Probably time to be stalking the dollar up trade