yes thats my point, the bull market is far from over in the pm
market, I think we'll see gold north of 2000 eventually.
Just saying buying silver now in the short term is like
buying with the masses/sheep unless you are trading for the short
term. Yes you need to see a reversal pattern, candle to
indicator an end to the parabolic move etc, and of course Silver go
higher until it puts that reversal in. But buying in here for
investments is what the masses do. Once it puts in a blow off
top it will consolidation for a months, then can look to get back
in. I'm all about good risk/reward, buying silver at this
point for an investment causes flashing red lights to me
buy into weakness sell into strengh. Never
show any signs of fear....that's the other guys problem.
One minute your up 1/2 million dollars in silver
futures...the next minute your down and your kids are not going to
college...and you can forget about the GI JOE doll with the kung
foo grip.
And on the opposite spectrum... it'll seem like the bull market
is over at the bottom. It's hard to pull the trigger, but those are
the best risk/reward entries.
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yes thats my point, the
SLV
Posted by matt on 20th of Apr 2011 at 02:01 pm
yes thats my point, the bull market is far from over in the pm market, I think we'll see gold north of 2000 eventually. Just saying buying silver now in the short term is like buying with the masses/sheep unless you are trading for the short term. Yes you need to see a reversal pattern, candle to indicator an end to the parabolic move etc, and of course Silver go higher until it puts that reversal in. But buying in here for investments is what the masses do. Once it puts in a blow off top it will consolidation for a months, then can look to get back in. I'm all about good risk/reward, buying silver at this point for an investment causes flashing red lights to me
You see it's like this
Posted by matt on 20th of Apr 2011 at 02:25 pm
You see it's like this
got that right.
Posted by zach06 on 20th of Apr 2011 at 02:43 pm
buy into weakness sell into strengh. Never show any signs of fear....that's the other guys problem. One minute your up 1/2 million dollars in silver futures...the next minute your down and your kids are not going to college...and you can forget about the GI JOE doll with the kung foo grip.
zzzzzzzzzzzzzzzz
Posted by jtverr on 20th of Apr 2011 at 02:44 pm
zzzzzzzzzzzzzzzz
YAWN....thx matt. zzzzzzzzzzzz
Posted by jtverr on 20th of Apr 2011 at 02:30 pm
YAWN....thx matt. zzzzzzzzzzzz
And on the opposite spectrum...
Posted by cw12 on 20th of Apr 2011 at 02:11 pm
And on the opposite spectrum... it'll seem like the bull market is over at the bottom. It's hard to pull the trigger, but those are the best risk/reward entries.