I'm strictly a longterm trader.....and so I took off all margin on my physical a couple of days ago and proverbially "cashed" in the profits from 15$ silver. I more than exceeded my number at 22$ the rest was just cream which I just took off at 29. But I converted it all to owned silver. Now I sit and wait....I have "stewart thompson" like buys all the way down to zero!
I think for sure , caution is the name here, protect profits....Gene Arensburgs stops on silver are at 28....if it falls below that...I THINK it's look out below....with 22$ as the target. But with silver one never knows, this is a wild card that is unlike anything will ever present us in our lifetimes.....
Best of luck trading....