Silver Longs Still Vulnerable

About a week ago, I wrote a short piece detailing the excessively lopsided long position in the silver market noting at that time, that anyone who has long needed to be paying very close attention to their positions. ( see that article here: http://traderdan.com/?p=4972)

In going over this week’s Commitments of Traders report, I see that some of that long position being held by the hedge funds has indeed been whittle down somewhat, but unless a lot more of them bailed out from Wednesday through Friday of this week, that position is still very large and still lopsided.  (more)

Please share this article