Pailin's Trading Corner

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Wed, Jul 17, 2013 - 6:18am
Deluxe186
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expound please who's chris

expound please who's chris duane

Wed, Jul 17, 2013 - 8:09am
Strawboss
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Here is a really cool tool to

Here is a really cool tool to do historical analysis on various stocks/ETFs, etc...

https://www.seasonalodds.com

There was a writeup on it - here is the link

https://www.businessinsider.com/kensho-brings-the-cloud-to-wall-street-2...

Looks pretty cool. For example - in 6 years - UNG has never had a positive month of August. The average decline in the month of August is -14.03% for nat gas...

Might have to buy some put options on that one...

Jesus Christ is the only true hope that any of us really has. Aaaargh .. the monkeys!!! Trading metals is like playing frogger...there's always a big truck coming.
Wed, Jul 17, 2013 - 8:20am (Reply to #36206)
pailin
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Deluxe186 wrote: expound

Deluxe186 wrote:

expound please who's chris duane

He was the creative force/designer behind the Silver Bullet Shield products. The website and sales arm was wrapped up in Rob Gray's Mulligan Mint. Mulligan just did fabrication (from blanks) and sales/shipping fulfillment. They've parted ways, and without any creativity the fabricator has nothing to fabricate or fulfill :)

Chris Duane - https://dont-tread-on.me/

and more details than you'd ever want on The Breakup - https://dont-tread-on.me/?p=29291

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Wed, Jul 17, 2013 - 8:23am
tonym9
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P: 20 is tempting me with

P:

20 is tempting me with it's siren song... The waiting to see if floor or resistance is tough when I see .99 premium on a really really pretty silvery shiney round. Had they been ASE's or halves etc I would have bought for sure.

22 for me would be confirmation of 20 as a floor and that's where I do buy if we can consolidate there. How long does this take? Who knows.

My gut still says it falls farther. But it's seasonal turn time...and...but...and...but...and...

I was tempted to layer in the first traunch last night...if I got a decent drop, which didn't materialize I would have.

Candidly I don't like not having any (0r very little) shiney around. The insurance policy side of my brain wants me to buy at these levels, at least a little. But I passed. Again.

This has sort of turned into a venting deal for me. Keep questioning me P. I do appreciate it.

"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.
Wed, Jul 17, 2013 - 8:28am
Lord Henry
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Painless and Brainless

Shorting the Yen still delivering reliable product.

This'll work till it doesn't (but right now it still is).

Missing quite a few entry/exits due to work, and

am thinking of semi-automating with partial pivots.

Have again been adding GBYJPY and CHFJPY to

smooth out a few ripples / tapers etc. who knows ?

Wake me up at HUI 200. No, on 2nd thoughts, please dont bother.
Wed, Jul 17, 2013 - 8:33am
pailin
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diamonds

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Wed, Jul 17, 2013 - 8:35am
redwood
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Diamonds....the best example

Diamonds....the best example of fleecing the sheep, all the while leaving them with a sense of belonging to the one percent.

Wed, Jul 17, 2013 - 8:37am
Deluxe186
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And here we go sounded pretty

And here we go sounded pretty dovish to me

Wed, Jul 17, 2013 - 10:45am
csquared13
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Come on Benny Benassi! Just a

Come on Benny Benassi! Just a measly ass $20 round trip? What gives today?!?

“Everybody gets what they want out of the market.” -Ed Seykota
Wed, Jul 17, 2013 - 10:49am
wrs
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Silver poleaxed

No surprise AGQ is headed back down to fill that gap at $16.20.

UGLY, UGLY, UGLY. Glad I am not holding that instrument, it's death on Chairman blabber days.

Hope no one here was stupid enough to hold that during this nonsense.

Wed, Jul 17, 2013 - 10:57am
redwood
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1299....almost switched to

1299....almost switched to Nugt, almost. Edit: Still waiting for a close at 1302 which is now almost certainly in the horizon somewhere.

Wed, Jul 17, 2013 - 2:25pm
Deluxe186
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Does this mean we retest

Does this mean we retest low's or was this just the typical bernake speaks its customary to hit the pms?

Wed, Jul 17, 2013 - 3:11pm
redwood
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Deluxe

Again jmo but I think we're going to see the lows again. Silver already at its day low. Expecting to go down to 19. Then I don' know as it could still reverse from there.

Wed, Jul 17, 2013 - 3:14pm
tonym9
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every time I beat myself up

every time I beat myself up about sitting on the sidelines a dayish later i check in on the charts and feel better...

will the pm floor ever be developed?

pm's are insurance. period. no different than life or car. you are insuring your wealth against a possible event of runaway inflation or worse. i have to remind myself of this every once in a while

"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.
Wed, Jul 17, 2013 - 3:28pm
Deluxe186
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I had 5 in a row I knew I

I had 5 in a row I knew I would lose on one sometime soon. Sold the agq calls used the proceeds to buy august 9 18.5 puts.

Wed, Jul 17, 2013 - 4:04pm (Reply to #36217)
wrs
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Deluxe186 wrote: Does this

Deluxe186 wrote:

Does this mean we retest low's or was this just the typical bernake speaks its customary to hit the pms?

Really hard to say. There are no gaps on the silver chart so it could go back up from here. I bought 1000 AGQ for $16.46 and will hold overnight. Risk of losing $.50 on them I think. I can live with it.

The stock markets are way overbought and they didn't really react super positively to the testimony today. The excuse to hit PMs is always taken so I think maybe we see a rebound tomorrow.

I have to argue property tax valuations so I may be stuck during the day.

Wed, Jul 17, 2013 - 4:20pm
Strawboss
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Date Symbol Action Buy

Date Symbol Action Buy Price Sell Price P/L $$ P/L % Cumulative
3/12/2013 AGQ Bought $40.020        
3/13/2013 AGQ Sold   $39.290 -$0.730 -1.82% -1.82%
3/18/2013 AGQ Bought $39.260   $0.030 0.08% -1.75%
3/22/2013 AGQ Sold   $38.680 -$0.580 -1.48% -3.23%
5/8/2013 AGQ Bought $25.900   $12.780 33.04% 29.82%
5/9/2013 AGQ Sold   $25.370 -$0.530 -2.05% 27.77%
5/9/2013 ZSL Bought $73.270        
5/10/2013 ZSL Sold   $72.390 -$0.880 -1.20% 26.57%
5/10/2013 AGQ Bought $25.570        
5/13/2013 AGQ Sold   $25.220 -$0.350 -1.37% 25.20%
5/13/2013 ZSL Bought $73.550        
6/24/2013 ZSL Sold   $102.640 $29.090 39.55% 64.75%
6/24/2013 SIN3* Bought $19.585        
6/24/2013 SIN3* Sold   $19.540 -$0.045 -0.97% 63.79%
6/24/2013 SIU3 Bought $19.565        
6/26/2013 SIU3 Sold   $18.515 -$1.050 -22.54% 41.25%
7/11/2013 AGQ Bought $17.910        
7/17/2013 AGQ Sold   $16.520 -$1.390 -7.76% 33.49%
7/17/2013 ZSL Bought $104.000        

Sold AGQ and bought ZSL.

Jesus Christ is the only true hope that any of us really has. Aaaargh .. the monkeys!!! Trading metals is like playing frogger...there's always a big truck coming.
Wed, Jul 17, 2013 - 4:34pm (Reply to #36219)
mje173
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tonym9 wrote: every time I

tonym9 wrote:

every time I beat myself up about sitting on the sidelines a dayish later i check in on the charts and feel better...

will the pm floor ever be developed?

pm's are insurance. period. no different than life or car. you are insuring your wealth against a possible event of runaway inflation or worse. i have to remind myself of this every once in a while

gotta tell ya, I've been waiting on this runaway inflation like a motherfucker. 2 trillion of printing later, I still dont know where it is. but if the last 4 QEs didn't cause runaway inflation, another 4 QEs wont either.

So, what are you protecting yourself from? You want real protection: buy a house with some land, pay down your mortgage, buy solar panels, be able to produce and control your own electricity, food and water, and buy a gun. There. Protected. :)

Wed, Jul 17, 2013 - 5:16pm (Reply to #36223)
pailin
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mje173 wrote: So, what are

mje173 wrote:

So, what are you protecting yourself from? You want real protection: buy a house with some land, pay down your mortgage, buy solar panels, be able to produce and control your own electricity, food and water, and buy a gun. There. Protected. :)

And I'll push back (re: "protection") with loss of mobility/portability/liquidity and gain of highly visible wealth which invites crime and confiscation, along with upkeep and property tax drag. Yah, winner there :)

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Wed, Jul 17, 2013 - 5:18pm
csquared13
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so not too long ago, i shared

so not too long ago, i shared some observations about how bad the local commercial real estate market was looking in my part of southern california.

basically, what looks to me like an increasing amount of vacant commercial spaces in different strip malls and shopping centers. these are places that have been thriving since i've lived here..pretty much for the last twenty years. i'm not talking some rural area in socal either..i'm in LA, fyi.

so i found it interesting to see Strongsidejedi sharing pics of the cargo containers at the Port of LA...very interesting:

https://www.tfmetalsreport.com/comment/213525#comment-213525

 i haven't driven by there recently, as it's a bit out of my way, but i think it's worth checking out his observations for a little bit of insight.

seasonal thing? or is business at the port slowing due to crude prices? 

“Everybody gets what they want out of the market.” -Ed Seykota

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