Drop In Silver Attributed To $1 Million 37% Downside Bet On SLV

http://www.zerohedge.com/article/drop-silver-attributed-1-million-37-downside-bet-slv

My sentiments on this?  Who knows, and who cares.  Nothing moves up or down in a straight line.  You ride a bull market as long as the fundamentals are intact, and don't get shaken off by the bull.  You use technical analysis and chart patterns to optimize your entry points, and perhaps partial exits for trading.  But you don't sell your core position in a secular bull market.

Bears were declaring silver was a bubble at $15.  They're the same geniuses who missed the bubbles in internet stocks and Vegas real estate.  So until the debasement of the USDollar ends, BTFD (buy the friggin' dip) in precious metals.  Where's the popcorn?

See disclaimers in the side bar.

Disclosure:  long precious metals mining shares.  As for the physical precious metals, none of your business.