On an otherwise stellar day, good risk management demands that I capitulate on my ZSL silver short position. I did so yesterday at the first sign of trouble in a conservative account and today after a 9% loss in the spec account that has a bunch of gold stocks in it.
Rather than having to work up a twisted psychological mindset and negative feelings about my crazy cousins, the silver bugs, I just got rid of the thing. After all, NFTRH has said that "if HUI is going to XXX, then silver is going to XX. I don't want to be short for a potential ride to XX.
