Sunday, February 20, 2011

Will We See Fireworks Going Into Option Expiration????

With option expiration coming up will we see any fireworks? Typically we see pullbacks in gold and silver going into option expiration, however with the technical breakout last week we may see upward momentum accelerated.  This week will be interesting, particularly for silver.  It feels like silver is moving higher.  With silver at these levels more shorts will likely be forced to cover.

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