x3rs of the pm

642 posts / 0 new
Last post
Thu, Oct 29, 2020 - 8:15am HappyNow
HappyNow
Offline
-
Canada
Joined: Jun 14, 2011
1613
3583

November again

HappyNow wrote:

I have this note in my Calendar:

November is seldom a good month for metals.

So I bought a short tranche yesterday with price still above $18.

Sold it today around $17.65.

So far, so good. But I'm still net long! Volume is low and I think we see $18+ again before it all goes to heck, so....

Increased long position at Ag=$17.65

The ice is thin so here's to skating fast.

I am really glad to have an electronic calendar.

That was me last year, more or less ignoring my calendar note. Silver fell from about $18 to about $16.50. And I was wrong about seeing $18 again before the bottom fell out.

This year I paid better attention.

Feel free to copy my note into your calendar.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.