Pailin's Trading Corner

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February 3, 2012 - 10:23am

#16682

Silver is money

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JoeKa

Sorry, missed that. My bad.

February 3, 2012 - 10:32am Response to: JoeKa

#16683

JoeKa

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Silver is money wrote: Sorry,

Silver is money wrote:

Sorry, missed that. My bad.

Hey no worries buddy. There are so many links technically and fundamentally and it helps that different people are tuned to different things. Helps to keep our individual views balanced.

February 3, 2012 - 10:32am

#16684

pailin

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Eyeing 33.20 to buy!

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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

February 3, 2012 - 10:36am Response to: Eyeing 33.20 to buy!

#16685

JoeKa

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pailin wrote: Eyeing 33.20 to

pailin wrote:

Eyeing 33.20 to buy!

Man i'd be all over that like a bad habit.

February 3, 2012 - 10:36am

#16686

atlee

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Euro/silver

tied at the hip. keep eye on euro as reference in your silver trades

GLTA

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February 3, 2012 - 10:41am

#16687

SSK

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JAG is struggling here. I'm a

JAG is struggling here. I'm a buyer at 6.90. It could re-test 6.50, but I don't think it will (despite management's ineptitude).

Lot of folks caught leaning the wrong way this morning. Good unemployment news, went the thinking, was good news for the metals. Instead, it only gave the Cartel a chance to raid.

Do you buy this dip? Yes you do.

February 3, 2012 - 10:43am Response to: JAG is struggling here. I'm a

#16688

firstsilver

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Bought the JAG dip

Bought JAG at 6.91

February 3, 2012 - 10:46am

#16689

SSK

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Metals are the only sector I

Metals are the only sector I see not invited to the party.

February 3, 2012 - 10:47am

#16690

Silver is money

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Now if only this can generate some selling momentum

in the miners. I'll be happy. Bring these prices down!

February 3, 2012 - 10:50am Response to: pailin wrote: Eyeing 33.20 to

#16691

pailin

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JoeKa wrote: pailin

JoeKa wrote:

pailin wrote:

Eyeing 33.20 to buy!

Man i'd be all over that like a bad habit.

Lots of buyers 33.80. Bummer. I need a deal!

__________________

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

February 3, 2012 - 10:54am Response to: JoeKa wrote: pailin

#16692

JoeKa

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pailin wrote:JoeKa

pailin wrote:

JoeKa wrote:

pailin wrote:

Eyeing 33.20 to buy!

Man i'd be all over that like a bad habit.

Lots of buyers 33.80. Bummer. I need a deal!

33.87 actually...i don't mind adding a micro position at 33.80 (L4) but hey i'm a scrooge.

Gold keeps sliding...so we may get our deal...but who the heck knows!

edit: micro buy triggered. S1 took a hit.

February 3, 2012 - 10:58am

#16693

Silver is money

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That's better

Need more blood here to start buying these miners. Bring it on.

February 3, 2012 - 11:00am Response to: pailin wrote:JoeKa

#16694

pailin

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JoeKa wrote: 33.87

JoeKa wrote:

33.87 actually...i don't mind adding a micro position at 33.80 (L4) but hey i'm a scrooge.

Gold keeps sliding...so we may get our deal...but who the heck knows!

edit: micro buy triggered. S1 took a hit.

ISM number raid. 10 am and 10:30 am are best buying after NYSE opens :)

__________________

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

February 3, 2012 - 11:03am Response to: good on Santelli

#16695

BlackHawk

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Re looking

Only lazy people stop looking so call me lazy. After so many days/weeks/months, you begin to realize that you are wasting your life, and that length of time is limited.

Chickens, aquaponics mean learn trend trades so I can be outside more :) Thanks and a shout out to Rico!

About NG and CL trades..Prices change places relative to each other every freaking day!

February 3, 2012 - 11:05am

#16696

modi

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I feel sick now

February 3, 2012 - 11:07am Response to: I feel sick now

#16697

JoeKa

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scar77 wrote:I feel sick

scar77 wrote:

I feel sick now

watch the position sizings bro. but yes i know the feeling...

edit: i hope you're feeling better? perhaps you may wish to reorder your sizings if you get the chance? it may help you rest better at night.

February 3, 2012 - 11:10am

#16698

Silver is money

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Bought my positions

I am now in and won't be trading for a while. Bought plenty of EDR.TO (EXK in CAD) at 11.10 and plenty of FR.TO (AG in CAD) at 19.85. Plan to sell in a few weeks or maybe a month or two. Have had a blast trading, but now is the time to buy and hold IMO.

February 3, 2012 - 11:11am

#16699

JoeKa

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S1.5

took another micro at S1.5 (33.41)

no more buys till S2

ism data is good. indicates manufacturing is holding up amid an economy that isn't growing very fast.

February 3, 2012 - 11:17am Response to: S1.5

#16700

pailin

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JoeKa wrote: ism data is

JoeKa wrote:

ism data is good. indicates manufacturing is holding up amid an economy that isn't growing very fast.

Yep, these raids are just temporary blowback from big bump yesterday on Bernank. We may close red today, but I expect it to be by pennies, not dollars :)

__________________

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

February 3, 2012 - 11:20am

#16701

Silver is money

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Remember where we are

A strong bull market. The Fed said low rates through 2014, keep perspective as Rico always says. I am very grateful for this buying opportunity and if we go lower then so be it. Prefer to grab a 3% haircut and risk it going lower for a day or two than to miss the chance altogether. Been waiting days for this sale. We will be laughing at these prices within less than a week probably.