Pailin's Trading Corner

35469 posts / 0 new
Last post
SilverWealth
SilverWealth's picture
Offline
Joined: 06/14/2011
Hat Tips: 15182
Posts: 3830
SSK

LNG feels almost like a leveraged oil trade. It moves true. Thank you.

I will be careful shorting UNG. Big volume came in couple days ago. I think the trend has finally changed and I will be buying dips. Who knows?

thanks for your help buddy, SW

SilverWealth
SilverWealth's picture
Offline
Joined: 06/14/2011
Hat Tips: 15182
Posts: 3830
REdwood

I think the surge up is the big trader tease into FOMC.

I am remembering the last two FOMC 'dissappointments' and then what happened afterwards.

I would be shocked if Rothschilds minion uttered the words OE today. They are already doing it but no matter. Its perception that counts.

redwood
redwood's picture
Online
Joined: 08/09/2011
Hat Tips: 8091
Posts: 4405
So you think its more of the

So you think its more of the same.  Ok. thanks.  Selling usually begins an hour before the meeting.  Let's see if plays out again.  Another c@*k teaser.

SilverWealth
SilverWealth's picture
Offline
Joined: 06/14/2011
Hat Tips: 15182
Posts: 3830
out of SSO

Granny selling rest of clockwork SSO orange trade.

SSO always runs up into announcement after beginning FOMC day gapping down and scaring off players.

'the Clockwork Orange' trade. Fuck those guys where they breath.

excuse my Croatian

l'idiot du village
l'idiot du village's picture
Offline
Joined: 06/15/2011
Hat Tips: 741
Posts: 534
Sold Encana,

a wounded giant I dont really understand .

Bought Cameco, one that I do.

SilverWealth
SilverWealth's picture
Offline
Joined: 06/14/2011
Hat Tips: 15182
Posts: 3830
Redwood

I only have a bias and nothing more.

I will watch price action and try to respond. This time could be different but I am remembering that OE metal is still tommorrow. I won't get aggressive long at all until that day arrives, been burned too many times by it. Unless of course gold and silver simply breakout out after the announcement, who knows?

I will try and respond because I am an idiot and do not have a crystal ball and ran out of my supply of LSD 25 back in 74'

redwood
redwood's picture
Online
Joined: 08/09/2011
Hat Tips: 8091
Posts: 4405
Not a problem.  None of us

Not a problem.  None of us are right all the time.  If we're doing better than 50%, I think we're doing better than the majority.

BlackHawk
BlackHawk's picture
Offline
Joined: 06/15/2011
Hat Tips: 3230
Posts: 1209
Nattie is

Nattie is gunning the pedal. CORN also jumping around. Maybe it can fill that gap above?

atlee
atlee's picture
Offline
Joined: 06/14/2011
Hat Tips: 12262
Posts: 1431
better 2 b late

Than wrong on an FOMC day with a 2:30 press conference. Flat now and staying that way until 2:30. Looking for opportunity there.

Good luck and don't get crushed. Don't let the wise guys influence your trading with pre conference gyrations.

When/if they crush the metals that is your opportunity.

__________________

So when your down on your luck and you can't harmonize, find a girl with far away eyes.

BlackHawk
BlackHawk's picture
Offline
Joined: 06/15/2011
Hat Tips: 3230
Posts: 1209
Where is Mr. Natural?

Quote:
ran out of my supply of LSD 25 back in 74'

Where is Mr. Natural when we really need him?

tonym9
tonym9's picture
Offline
Joined: 09/27/2011
Hat Tips: 699
Posts: 493
perfect. home today. was

perfect. home today. was planning on watching the action like a hawk/trading either way. BAD weather...real bad. Puked my position at a .80 a share loss, scared will lose power and will get trapped on FOMC news. I say no QE announcements, will be bearish for metals short term, but can't risk not having electricity. Damn, of all days. Was looking forward to being positioned the right way on FOMC day. Thought about setting stops but the one and only time I've done that I HATED it. ughhh. 

__________________

"No! Try not. Do, or do not. There is no try." -Yoda

Levitation will levitate until levitation doesn't levitate. Rates be the key matey.

SilverWealth
SilverWealth's picture
Offline
Joined: 06/14/2011
Hat Tips: 15182
Posts: 3830
hoooking pays

this Hollywood hooker has done well with very limited talent

http://realestate.yahoo.com/promo/jennifer-aniston-buys-an-ultramodern-l...

SilverWealth
SilverWealth's picture
Offline
Joined: 06/14/2011
Hat Tips: 15182
Posts: 3830
the General has spoken

General ATlee has spoken.

I caution all to listen, including myself a lowly foot soldier in the struggle, demoted following the great Silver campaign of late 11'.

redwood
redwood's picture
Online
Joined: 08/09/2011
Hat Tips: 8091
Posts: 4405
Yeah her absence of talent

Yeah her absence of talent also shows in her taste in real estate.  Nice view, but ugly house.

atlee
atlee's picture
Offline
Joined: 06/14/2011
Hat Tips: 12262
Posts: 1431
range

LOL SW 

For what is worth:

yesterday I said 31.50 to 33.30. We hit the 31.50 target but uncertainty is keeping us waiting for the 33.

if the reaction is negative, my guesses are target 30.80 to 31. Worse case 29.50 to 30.

if the reaction is positive, my guesses are 33.30 to 33.80.

I know that is little help but I will be waiting at those spots.

Maybe FOMC is not the driver and it is a bit yawn.

__________________

So when your down on your luck and you can't harmonize, find a girl with far away eyes.

D E
D E's picture
Offline
Joined: 06/14/2011
Hat Tips: 1935
Posts: 571
wild swings

Out of everything and waiting to see what develops. Thought silver would go higher last night; it didn't. Thought gold would resist sell off in the London blitz; it didn't. Thought WTI breaking below 98 with supply building would make a difference; it didn't (big bounce). Thought silver would stay down until FOMC stuff; it didn't (spikes at around 10 am).  If I think anything else is going to happen, I'll let you guys know -- looks like a real money maker right now.

pailin
pailin's picture
Offline
Joined: 06/14/2011
Hat Tips: 11696
Posts: 3129
here we go

Looks like the selloff has begun, next the buyback, then FOMC. All good.

I'm actually a little contrarian and think there's a possibility of QE talk and metals may take a jump to a new level by close.

__________________

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

redwood
redwood's picture
Online
Joined: 08/09/2011
Hat Tips: 8091
Posts: 4405
We'll know soon enough, but

We'll know soon enough, but SLW is not backing down, and can be a good market indicator.  We'll see.

SilverWealth
SilverWealth's picture
Offline
Joined: 06/14/2011
Hat Tips: 15182
Posts: 3830
Silver campaign

It was the late winter at the Battle of Wilderness in the forest when I lost my nerve and dropped my carbine to run fleeing from the Union onslaught on my Silverr position. Few stood strong then, alas....

I have living off of roots,bark and swamp water since. A deserter. Wanted by the very men I used to lead. Oh,  the dishonor...

Strawboss
Strawboss's picture
Offline
Joined: 11/13/2011
Hat Tips: 1663
Posts: 588
TVIX

I bought some TVIX this morning at $19.00 - lets see if we get some quick volatility after the FOMC statement and if I can make a quick rip on it...

__________________

Jesus Christ is the only true hope that any of us really has.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Syndicate content Comments for "Pailin's Trading Corner"