Seems to be some unwinding in the GSR, don"t know the size of this trade, or the magnitude of the effect. Any thoughts as to the OI
in this trade???
Pailin's Trading Corner
January 20, 2012 - 12:04pm
#15522
GSR
January 20, 2012 - 12:08pm
#15523
Safe Silver entry
$32:35 is a safe entry point.
( I still various turd pages especially including PTC, I appreciate the personal mails, thanks. In return for the excellent posts some people make here I feel that I cannot just be a lurker and wish to contribute, however I am going to stay out of discussions and just post any worth while facts I can find/come up with here).
The PM's are on the verge of a breakout to the upside, might be very soon, but soon for sure.
I am currently 1/2 loaded incase of a pullback.
Abe
January 20, 2012 - 12:12pm
#15524
Good day
Haven't seen 31 in awhile. Nice to see it.
Sold my feb and march SLV's at 31. Hated doing it but I don't want to be holding long into next week.
Praying I can buy back in lower but it's nice to see we crossed 31 either way.
January 20, 2012 - 12:16pm
#15525
Vypuero wrote:
He is doing
He is doing this now and has been: http://goldenlightswitch.blogspot.com/
Thanks for posting the blog link.
This is probably the easiest, most convincing trading system that I have ever traded/discovered. The rules are simple and at least 4 years of data back the results. There are a few gotchas that could cause difficulties, but my blog is there to help traders overcome them.
FM
January 20, 2012 - 12:22pm
#15527
wti nibble
why? DK, but looks like support, and I'm not sure a sell off into the weekend will hold.
January 20, 2012 - 12:23pm
#15528
Sweet! Profits, thy art
Sweet! Profits, thou art booked. Now gimmie a 50c pullback so I can buy back in... :)
January 20, 2012 - 12:26pm
#15529
TLT 20 yr treasury
TLT gaps below a H&S neckline, on the daily. Looking to buy inverse options on TBT on test around 118.00 TLT
DYODD
January 20, 2012 - 12:35pm
#15530
Rico wrote:
GSR moving below
GSR moving below 54--interesting development. We'll see...
Gold still capped at 1660 (for whatever reason). They're letting silver run...for now :)
January 20, 2012 - 12:38pm
#15531
right or wrong
silver
right or wrong I am out at 31
wti
looking to re enter UCO at 39.15
January 20, 2012 - 12:50pm
#15532
Does anyone else notice a lot less ranting about "Blythe"?
Pretty funny.
January 20, 2012 - 12:50pm
#15533
faz
FAZ looks tempting. watching.
January 20, 2012 - 12:52pm
#15534
Silver has been obstinately
Silver has been obstinately yanking at gold, like the mighty Sisyphus pushing his rock. It finally hit 1660. Looks like its a winner.
January 20, 2012 - 12:55pm
#15535
Impulsive
Impulsive up move this morning in Silver measures to 31.50. Can't say when though.
Obama singing at the Apollo. I forgot. Is he black? A guy who surrounds himself with white banksters? I could have sworn he was white. Hmmm...
http://www.nbcnewyork.com/video/#!/news/local/Obama-Sings-Al-Green-at-Apollo-Theater/137730763
picture perfect narcissist easily conning the general mass
January 20, 2012 - 12:58pm
#15536
Obama thinks he's black but
Obama thinks he's black but he's as white as his pearly teeth. His momma was white....it's all you have to know.
January 20, 2012 - 1:06pm
#15537
Out
Exiting GLD short. Boring. Action in silver indicates cap in gold will soon fail IMO.
On the other hand, the real economy is collapsing from my perch. We have a catastrophe here locally in coal prices at the moment. Days of August may be at hand, where PM is up with other commodities down. There is no basis I can see for a base metal rally beyond hope or inside information of imminent QE.
I will be shorting ANR and FCX, along with others in their group, on any bounce. I am letting PM longs ride come what may.
Want to short crude down to $90 so bad I cannot stand it. Someone please talk me out of it.
January 20, 2012 - 1:10pm
#15538
Hey Abe, what were you saying
Hey Abe, what were you saying about soon, real soon?
January 20, 2012 - 1:14pm
#15539
Dr. C rolling over
.... and VXX moving down out of its Day Flag.... DUST anyone? I hate holding anything like this over the weekend.
January 20, 2012 - 1:22pm
#15540
OE
Don't want to rain on anybody's parade but this is clearly the action (and then overreaction) of OE adjustments. Monday or Tuesday we'll then see a huge reversal as the other side "speaks". None of this is to say we're not going higher, just watch your back at all times. And yes, today, the night/day system did not pay off. But when aggregated against a year of trading days, I still think daylight hours are flat to down much more often.
January 20, 2012 - 1:27pm
#15541
Daily Pivot Points
Just realized I forgot to post these...sorry! NOTE R3 in silver and be careful.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1625.25 | 1637.35 | 1646.25 | 1658.35 | 1667.25 | 1679.35 | 1688.25 |
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.81 | 30.08 | 30.34 | 30.6 | 30.86 | 31.13 | 31.39 |
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