Looking for a Silver Lining

I like the iShares Silver Trust (SLV) right now. There, I said it. It's the first step in admitting you have a problem, but I like the chart and plan to buy more of the shares today.

iShares Silver Trust (SLV) -- Daily Source: StockCharts.com View Chart » View in New Window »

I still anticipate this gap will get filled and get filled sooner rather than later. My stop is clearly defined at $22. However, SLV can be volatile, so I'm more likely to use a stop at $21.85 with a limit at $21.65 or even a mental stop rather than just saying I'll place it at $22. Furthermore, I want the stop to be a closing stop, which is why I am looking for toward the mental stop....217 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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