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Saturday, May 14, 2011














GS was InPlay on Friday for a downward rally, however it took a longtime to develop on the other time frames. Rippin both ways to almost close it gap of 2+ point decline.



SLV we called for Silver to experience downward pressure and it took some time to break the cycle of a closing gap left on May 12, 2011. Gap and Faded back to the May 12, 2011 area... Nice call on the May 34 Puts Weeklys.