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May 15, 2012 - 6:35am Response to: On Literally Speaking of KWN

#23122

sixdollarsilver

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anyone can say what they want

SeamlessBreakage wrote:

Eric King dispatched Embry (slender-framed regular known for his high leg-speeds, long reach, and versatility across multiple terrains) to seek out SilverWealth and run him to exhaustion.

[sarc] Titus is a dick because his time of day trade works most of the time sometimes but not at other times, Pailin's pivots are all good but are just a robotic representation of statistical probability, Atlee fucks around being all cool, but really missed that call on oil so shouldn't be listened to, Silver Is Money got burnt because he was an uber bull, Rico mouths off with no thought, Redwood is a philosophical looney, I don't know if you've looked real close but Ivars charts don't quite match the real ones, JoeKa was a figment of our imagination whose squiggly charts meant nothing in the long run and where art thou Spinny? [/sarc]

wtf?

Yes of course anyone can say what they want. Yes I will lose respect for someone after a relatively long time of them being constantly vehement towards others based on no more than them being *wrong* about something. Again and again and again...

Trading's for traders. If you want to whinge, move to England - no disrespect intended PA.

May 15, 2012 - 6:56am

#23123

Excalibur

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Sorry, we are full.

images?q=tbn:ANd9GcT9S8POnDLNW9PaX4JHWrr

May 15, 2012 - 7:41am

#23124

Gramp

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Plenty of theory and conjectsure around...

Myself included...

But does anyone here feel JPM's recent loss was truly that. an Unintended loss? Or have i stuck my head in the punch bowl , leading to fancy theories about how If the "Loss" was engineered intentionally, to push markets and commodities down, in a bloodletting move by JPM to extricate themselves further from short positions?

IDK... maybe I am sniffing Dry KoolAid from the packets...

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May 15, 2012 - 8:32am Response to: On Literally Speaking of KWN

#23125

BlackHawk

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Run SW RUN!

He prolly ought to be easy to de-pants wearing only pajama bottoms.

I got to thinking this morning, that with the G8 summit ready to take place in secluded Maryland with the Prez hosting and Putin declining to attend, new members of the club rolling in and some old ones dumped on the ash heap of history since the last meeting in Canada......

If I wanted to run the control room of the global economy, the G8 summit is the perfect scenario. If the EuroZone is breaking up this week with Greece summarily booted out, banks in the boot state already downgraded, Spain's biggest bank nationalized last week, etc. etc., the timing is perfect for some kind of financial reset. But how many times have I told myself that this crap can't stand for another week. Keep writing SW.

http://finance.ninemsn.com.au/newsbusiness/8467703/euro-debt-woes-darken-mood-for-g8-summit

May 15, 2012 - 8:56am Response to: anyone can say what they want

#23126

BlackHawk

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If you want to whinge

Maybe our wrong calls unite us. Why do we keep coming back here? If there is a better trading forum, do tell? I’m not disagreeing at all with your comment, SDS. I’m just wondering what we should do to be better in your view?

Didn’t know the word whinge, so thanks for that. Here’s a bonus list of words for SW.

Glad the commodities are coming back some. Sold a little FAZ at the close yesterday in anticipation of Turnaround Tuesday. Will reload today hopefully.

Synonyms: beef, bellyache, bitch, bleat, carp, caterwaul, crab, croak, fuss, gripe, grizzle, grouch, grouse, growl, grumble, grump, holler, inveigh, keen, kick, kvetch, maunder [chiefly British], moan, murmur, mutter, nag, repine, scream, squawk, squeal, wail, whimper, whine, complain [British], yammer, yawp (or yaup), yowl

May 15, 2012 - 9:09am Response to: On Literally Speaking of KWN

#23127

Mr. Natural

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Embry vs. SilverWealth

SeamlessBreakage wrote:

Eric King dispatched Embry (slender-framed regular known for his high leg-speeds, long reach, and versatility across multiple terrains) to seek out SilverWealth and run him to exhaustion.

Yes, but could Embry ever get close enough to SW for there to be any contest? I expect Dolf and Granny (with her arsenal) would preclude any possibility of that.

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May 15, 2012 - 9:11am Response to: If you want to whinge

#23128

Gold Nugget

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Quote: beef, bellyache,

Quote:

beef, bellyache, bitch, bleat, carp, caterwaul, crab, croak, fuss, gripe, grizzle, grouch, grouse, growl, grumble, grump, holler, inveigh, keen, kick, kvetch, maunder [chiefly British], moan, murmur, mutter, nag, repine, scream, squawk, squeal, wail, whimper, whine, complain [British], yammer, yawp (or yaup), yowl

Sounds like a normal conversation with my wife.

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May 15, 2012 - 9:22am

#23129

pailin

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Gonna break a few hearts here

Gonna break a few hearts here but I cannot tell a lie...I've been short since 28.40. Cover at S1.

EDIT: Stop at 28.35 should a rally occur. Yeah..I'll lock a whole nickel in.

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I never buy at the bottom and I always sell too soon. -Baron Rothschild

Man is a credulous animal, and must believe something; in the absence of good grounds for belief, he will be satisfied with bad ones. -Bertrand Russell

May 15, 2012 - 9:28am Response to: Embry vs. SilverWealth

#23130

SeamlessBreakage

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Mr. Natural

Mr. Natural wrote:

SeamlessBreakage wrote:

Eric King dispatched Embry (slender-framed regular known for his high leg-speeds, long reach, and versatility across multiple terrains) to seek out SilverWealth and run him to exhaustion.

Yes, but could Embry ever get close enough to SW for there to be any contest? I expect Dolf and Granny (with her arsenal) would preclude any possibility of that.

Of course. For that purpose Eric has been priming Celente with a sensory deprivation program, including noise torture (CNBC commentary) piped directly into his cage. Before release he'll be greased up by trained handlers, allowing him to slip through ventilation shafts and laundry slides.

May 15, 2012 - 9:56am

#23131

Rico

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Just thought about an old

Just thought about an old fave I sold earlier in the year, CEF--the Canadian phyzz fund.

Took a look this AM, and it was just fractionally above par. It'll probably even drop below at some point in this nastiness (it does this, on occasion), so I may reload when I think the current slump is ending, especially if I can catch it on one of its brief discounts. Great, sober, phyzz fund for your permanent portfolios--check it out.

May 15, 2012 - 9:58am

#23132

SilverWealth

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Granny Pivots

Gdx target for now 40.19

ES 1300 or 1310

SI 27.68, 27.86, 26.98

GDXJ possible bounce at 19.45, if not, 14 looms...

Market loves to sell off any initial bounces, gap downs get bought up and then shorted, gap ups sold off. I am hearing off Zero Hedge that protectionism in India effecting gold price, who knows the reason.

Granny will not race against Embry. His is an old man in baggy Munsingwears. None of these characters saw the deflationary wave coming, sorry. Norcini is charting it carefully, I have learned respect for how he follows commodities I just don't use his system.

Until the chartists figure out how to spot deflationary waves in the Market one may as well be sailing on the Poseidon imo, it becomes all after the fact trading.

May 15, 2012 - 10:00am

#23133

SeamlessBreakage

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A Slice Of Squeeze

So much for my 'Risk Call'. I did ride Gold to the peak, just reloaded at 1550 with a nibble. But Gold's got to give me a slice of something special today to convince me I should put any more on the long side. We'll see.

This is total gut feeling, but I sense people are a little too bearish, perhaps prematurely so- not to the level of window-jumping, but certainly ripe for a little squee-Z.

May 15, 2012 - 10:00am

#23134

SilverWealth

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Borg GC

GC target now 1535.

Resistance is Futile. You will be assimilated.

May 15, 2012 - 10:01am

#23135

Eman Laer

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Agreed that KWN is not a

Agreed that KWN is not a reliable source for predicting short term trends.

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I swing trade by the seat of my pants, but I do make a little profit somehow. Any comments I make about my trades should be taken with a grain of salt, and maybe as a contrarian indicator.

May 15, 2012 - 10:02am

#23136

pailin

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PSLV premium is 4.67%. Not to

PSLV premium is 4.67%.

Not to say that's a buy, just noting.

Remember when it was over 30% back in Dec/Jan?

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I never buy at the bottom and I always sell too soon. -Baron Rothschild

Man is a credulous animal, and must believe something; in the absence of good grounds for belief, he will be satisfied with bad ones. -Bertrand Russell

May 15, 2012 - 10:04am

#23137

BlackHawk

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COT Commentary - Do you agree?

From Turd yesterday:

Quote:

For silver, since the EE peak and near signal failure of April 2011, the net short ratio has fallen from 2.69:1 to 1.39:1. This is remarkable and clearly indicative of the trend by the EE to exit their long-held net short position.

May 15, 2012 - 10:26am Response to: Gonna break a few hearts here

#23138

SSK

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Pailin, I was wondering if

Pailin,

I was wondering if you had flipped your system around. Rather than buying lower and selling higher, have you been shorting a high and covering the low using your pivots? Just curious if it works in a short scenario.

May 15, 2012 - 10:26am

#23139

SilverWealth

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COT

Turd clearly diagrams COT very well but in my experience I have watched Morris Hubbart try and use it as a pointer to hold on and buy lower and lower and its timing effectiveness is not so good in sell offs like this imo.

Stewart Thompson has suggested that banksters have extremely deep pockets so naturally when price is low they will continue to add longs. When its high, shorts. It could just be a paper game to them of accounting. I don't think there in any trouble or backs to the wall. I don't know where one gets the proof for that but I certainly could be wrong. Maybe I should ask Jim Willie. Maybe it has something to do with all that gold the Russians are hiding deep under the Kremlin.

May 15, 2012 - 10:29am Response to: COT Commentary - Do you agree?

#23140

rtabit

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BlackHawk wrote: From

BlackHawk wrote:

From Turd yesterday:

Quote:

Maybe, no one knows if they're going to continue piling on shorts when price goes back up, but it looks to me like they are trying to exit those short positions, JPM now holds the smallest silver short position since they took over Bear Stearns. I expect this week COT report to be the most bullish since 2001, unless silver makes some huge jump today. Four more weeks at last weeks COT report pace, and commercials would be net long, which has never happened, I think silver is the only commodity where commercials have never been net long.