Why is PSLV up?

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#1 Mon, Jul 11, 2011 - 12:00pm
Trader
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Why is PSLV up?

SLV down over 2% and PSLV up .2%.... 

Edited by: Trader on Nov 8, 2014 - 5:09am
Mon, Jul 11, 2011 - 12:03pm
zilverreiger
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pampus
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pslv responded real slow

pslv responded real slow today, its normal for it to respond sluggish to events, I had the feeling it was kept down this morning (I own it myself)

Mon, Jul 11, 2011 - 4:30pm (Reply to #2)
pailin
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PSLV sometimes reacts oddly

PSLV sometimes reacts oddly due to premium compression or expansion, which is independent of whatever spot (and essentially SLV) is. I noted in my trading topic that I sold half my position in PSLV at 16.85 late last week. I'm expecting to re-buy it at 16 or even lower if it's looking weak when we're back in that area. Not advocating anybody else sell (or buy), just putting it out there.

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey

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