I could give a rat’s ass about silver, the metal. I don’t want to own it and stare at it. It produces no cash flow. It’s a means to an investment/trade.

That said, I started writing about and buying $SLW on ‘Momentum Monday’ in the high teens when I bought it and shared it for weeks on my Momentum Monday shows and the Stocktwits streams last year.

I sold it at $29 so made 50 percent in the position also documented on the streams. It was in a fast rising mode and has a few times since risen to $47.

Silver has now become the $CMGI of 2011. It has captivated traders and investors. It ‘trends’ all the time on Stocktwits and fascinating streams and battles have taken place. I try not to worry about who said what after it’s all said in done because I make my own decisions once I intake enough data.

Today, I am long Silver again for a trade. I will later go into my reasons, but let me get out of the trade in the next few days. It is a mess day with massive liquidation of leveraged accounts and the amateurs are getting reminded how fast commodity trends (with all the extra leverage) can unravel.

Kudo’s to the people on Stocktwits that nailed the top. I am out of that game. Best timing for a blog post on our network was Peter Brandt. READ the last 6 or 7 posts after that. GREAT lessons and insights. I link to Peter because he is also actively writing about his trades that don’t work either. That is how you get my attention and linkage.

Today, I am taking a rare stab at trading the metal.

I bought a bunch of $slw above $37 a few days ago and have been trading around it on the stream and today went deep on $SLV and have an average price in the mid $35’s. I am in the wild $AGQ in and out and I know many have been trading off my tweets beacuse even @pkedrosky messaged me and caught a nice trade intraday. I saw his timelines (DM’s) and they were beautiful.

I love when Stocktwits can make traders work smarter and more disciplined.