Hello Dr G. How long's it been, a year?
If I could make lunch money on a penny of price I'd likely trade myself sick, I need a dime to begin thinking it's a worthwhile trade. Good luck with your trades.
Nobody wanted to buy silver in Australia today!
Next week I think we get a blue candle. I think 15.50 holds, and we work our way back to $16.10 or $16.30 where I think I will take another short position for the next leg down... we'll see what happpens.
Hey HappyNow, no, it's been probably 3+ years.
Dr G wrote: Hey HappyNow, no, it's been probably 3+ years.
Whoa, that long. What brings you back?
Weasel, obviously I'm getting my butt kicked on the last couple of trades. Not worried, I can hold if needed and just get less upside when the up happens. I wish I'd thought more about that weird blip that you called out for Australia. Just not enough time in life sometimes.
I hear yah about life and time! I'm working about 70 hours a week right now, and trying to predict the pm markets. Perhaps not the smartest move, but I'm having a good time! I do think this $15.40 holds, and that we do get a good period of consolidation and upward price movements this week. We'll see how well she holds overnight! Sunday is always a b*tch!
From here I reckon we'll see over 1300 au and 19 ag before we see sub 1200 or 15.
I'll either get proven wrong real quick or live off this call for a fair while :)
Even if we do dip a little further (1150/14.60), don't think I'll be aggressively short again anytime soon.
Just finishing reading Milo's book; arrived on my doormat this afternoon, everything I'd hoped for, a lot not dared wished for... and more!
[Cough, splutter, clinking of ice cubes....]
[Frantic scrabbling sounds of an inebriate mishandling a half-bottle of cheap scotch...]
Clearly it's incendiary but, that's hardly a shock.
(Really looking forward to the fallout, suspect this thing has a surprisingly long fuse; some more than others at least!)
Secondly, and most importantly for you codgers, IT HAS REALLY BIG PRINT!
...it's also not very long so shouldn't intimidate anyone, which is good I think.
(Ostensibly no more threatening than a Harry Potter book!)
The edition is indulgently opulent...
Gold on black under the jacket with flamboyant yellow whatchamacallits...
(Really compliments the "alt-right" red!)
Anyway, something for everyone, really... (genuinely mean that!)
Gratuitously outrageous, offensive, funny... yet at points quite profound.
...Riddled with facts, background, often overlooked detail and a quite naked revelation of the method.
(His opponents should, will be and are quite rightly terrified.)
No future book burning will be complete without this book!
Read it, gift it, plant it, burn it, beat your fucking grandkids with it...
Just go and fucking buy it!
(You know you want to...)
I really wanted to say tour de force somewhere, I know it's lame, just kinda always wanted to say it, soz.
...having a mini identity crisis, think I might have been a troll this whole time and never noticed.
I'm Canadian and can't help with your questions. A good accountant would know quickly, they aren't complicated issues and likely a matter of how you want to present it/ likelihood of being called out.
In trading news this price leap of Silver is about to float my lowest boat. Meantime mainstream media here is talking up an interest rate hike. I'm still too busy to look closely at charts but since I'm in wait and see mode (mostly wait) it's ok.
Jumped in USLV at $15.61 yesterday and just jumped out. Not sure about direction from here as we are at an important juncture. I think I'm going to try to play it "safe" from now on...
I'm having the same thoughts. Price has stalled at resistance (which is where I bought, on the way down) and given us a day to think it over.
I am going to keep to the long side for now.
I probably sold too early. I think I will need to see silver above $16.50 before I will be fully bullish again though.
If silver is still bearish, I think a logical top will be $16.40/50, then down to china town. Looking forward to next week!
I am a master trader! LOL
I jumped out at a good time. I'm going to jump into DSLV tomorrow if this downside momentum continues. Monday mornings are always a doozy, and I am expecting to see those flash crash lows again (at a minimum)
So looking at my charts, I'm expecting price to catch around $15.55... Watching that price closely for my next trade. Here is what I saw in the price movements the past couple days...
Yes you made the right move!
Jumped back in long a few cents cheaper lol. Hoping for a good trading day on Monday
I wondered if you would bite. In my humble opinion as well the signs point up now.