Home › Forums › Members Forum › SLV › Reply To: SLV
Just be careful not to overweight your portfolio in metals since we already have SLV and GDX. But with that said, since waves 4 and 1 can’t overlap except in leveraged markets like forex, then we still have to be in wave 3. Wave 3 could go further up than I have projected, but wave 4’s pullback would have to remain above that of wave 1’s high.
If you buy a call, make sure its long-dated (longer than you ever think you’ll ever need…err to more time than to little) and get a liquid contract with lots of open interest at the money, near the money or in the money, but not notably out of the money.