Friday, August 19, 2016

August 19, short metal into weekend

DJIA 18,553 -45.13
NASDAQ 5,238 -1.77
NYSE 10,829 -33.72
SP500 2,184 -3.15

Metals and specifically silver closed below recent prices, into lower 18. Silver and the metals can go lower next week. Bought triple short silver, DSLV, near the high of the day (near the lows for silver).

SLV 18.35 -0.42

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