Just a little lower and I'm a buyer of long again. Have an order, will see if price is met.
If I don't get it today it may be even cheaper tomorrow.
My guess is we get one last drop down before the end of the year, then the slingshot up.
I just took some comex shorts and crossing my fingers that the N. Korea situation cools from here.
If we peak much over $1300, I'll have to cover.
That's my guess as well. I'm just not confident enough to go short right now.Plus since I trade a 2X rather than the actual future stops have less meaning as it can tank or rocket overnight with the fund locked out
I'm doing smaller trades in the meantime to gain from the chop. I only trade silver and $16.60 isn't much of a resistance level on a down movement so my price to go long is under that....$16.50 maybe, to trade the range, but only today. It's not moving up right now either so if don't see it by closing hours of NYSX then I suspect it will be lower tomorrow....and then it probably will take 16.20-30 to get me on board.
Yea, that is one big advantage of commodities. You can get in and out at very low cost almost at any time.
The market is only closed Friday afternoon until Sunday afternoon. And commissions are quite small.
I think this is a feint. Took a small short.
wow, so much has happened since I unplugged...
I've been working on getting equipment together for the new home inspection biz venture, legal docs, insurance, taxes etc and helping my wife to pass her test so we can spend our workdays together looking at/inspecting houses...all the while working full time in the dental factory. The late spring/summer distraction from pm and trading has been welcome. We even took family time away and went to Padre. Tomorrow we will head north to my old stomping grounds (St Louis) for Monday's sky show with my wife and youngest. To be followed by a Sept wife and me only recon trip to Isle Mejeres where my oldest son and his newly titled fiance want to do a destination wedding early 2019. Been crazy busy...no way I could trade with all this going on.
I'm glad to see a few posts in the x3r forum...keep it up guys. I plan to rejoin this fall, but...The biz start up has been consuming my time and thoughts...
However, all this uproar in the news caught my attention. So much going on...NoK, POTUS, Palace Intrigue, Central Banking FOMC dovish statements, Obummer care not being funded any longer, tax reform in jeapardy...fires everywhere.
The media is portraying POTUS' most recent comments as the worst ever...ho hum, nothing new there. But, there is a new angle afoot...guilt by association. Even though what POTUS said was completely accurate (albeit muffed the message), perception becomes reality and the forces against POTUS now have a shiney object to howl to the masses about endlessly until most of the population buys into the idea POTUS is an unfit bigot who can't possibly run the country. Oh boy...enter the geoglobalist Pence. Rinos win. Bummer.
So much BS in the world. I have decided to stay informed but keep my head down and grind forward. The way I see it I have no other option. I want to trade but I just don't have the time...
Gut call is we can't pierce the hi 1200/low 1300 resistance level...I'd be a JDSTr right now. But just a armchair viewer so it's easy to say such things.
GLTA, I'll pop in again in a few weeks.
Good to hear from you Tony. Let us know how business goes!
Exited the last of my long, increased short when Ag 17.12 today
Wow 5,000,000 views!
Increased my short silver position this am. Convinced it is going down before taking off.
Shadowbanning an historic documentary about censorship?
(Try watching it on your phone...)
I'll be looking to join the short position around $17.70. I think you just jumped a little early, but I believe you are right about it going lower...
Hi Weasel. Hope you caught a bid. Increased short yesterday @ 17.40 and then today again $17.55 ish, just missed the peak. Still have the trades from earlier (yes as it turns out too early) so I'm all in with short now. Likely to unwind one tranche fairly quickly.
Just a quick Harvey in Houston update
all around me neighbors have water in the house...another inch or two of rain and i would have had water in my house. I'm on a high spot. I was on guard for 2 nights i think maybe 3...I fell asleep at 2am, my neighbor awoke me to a completely flooded neighborhood 4 hours later. we assembled a 25 man shovel crew and laid waste to the golf course to get water to the drainage canal...they are gonna be pist. had we not done that i would have had water in my home. Texans help themselves. For me the water part of the event is over...not for millions of others. tonight i will sleep a full night, might have gotten 8 hours since this started. Cains suck...this one redefined suck.
I lost my hoopdee 97 Geo Prizm that is my work car. Water in the glove box. My son's Mazda 3 has water in the floor but it will be fine once we pull the carpets. My other son's Thunderbird and my Thunderbird are flooded to the floor, will be fine once carpets pulled. What really sucks is he turned 16 8/26 and I gave him the keys to his awesome Tbird for his BDay...then it flooded...he didn't even get to drive it.
in all the gloom i got a glimmer of Sun...my license from the great state of Texas as a home inspector was emailed to me yesterday...that will be dealt with later.
It's pretty hard to relate to the upset of all that from here where there's no quakes or hurricanes and the largest tornado is a baby that typically does no more than ruin a roof or two. Says a lot that suck is redefined.
Glad your place stayed high and dry and, well, the golf course is easier to repair than a dozen houses or whatever would have been.
Hang in there.
This has got out of hand.
It might be cynical but, demonetisation is alarmingly effective.
Scorched earth innit...
(Whisky fueled optimism's all I've got right now, soz... working on it.)
In a way better mood now...
Just registered a handle twatters could only dream of, lolz.
Sounds like a bad dream Tony. I live in Maine, so the storm is pretty far from me. Best wishes to you, your family, and your community.
Happy, I think we will get another shot at $17.70 for me to jump in before price drops next week. If I'm wrong, I miss this opportunity. Not a big deal because there will be more!
UKIP, the party of Brexit and Nigel Farage, has reached a fork in the road...
The choice before them is to elect a leader representing continuity, or this lady!
Attempts have been made to invalidate her candidacy, but have so far failed...
Needless to say, her election would represent a meaningful development in European politics; most likely resulting in ripple effects of inestimable magnitude elsewhere!
(Pass the popcorn, innit.)
Well, one shouldn't gloat, lolz.