I wouldn't buy slv anyway, I'd rather buy physical silver. But i
am surprised that silver stocks have not performed well in
recent days. When I look at silver stocks someone could think that
silver has already corrected to 32$.
In my opinion that means that eather silver will correct sharply
very soon or silver stocks will catch up soon and fly to the
moon. I believe that big boys are shorting gold- and
silver stocks at the moment. If GDX can manage the hurdle at
64$-65$, than it could go up very fast. I'm long Gold and Silver
stocks but I do not feel comfortable seeing the stocks lagging
behind. Maybe it would be better to wait until GDX breaks above
65$.....
ha ha, hopefully you are being sarcastic. I dug out my 100
oz silver bars last night and my go to the coin shop to sell a
couple of those babies today or tomorrow LOL, but I'm being serious
I may sell some.
Yes, that is the plan. Actually, I'm hoping for one more
push up on the SPX today to finish selling and SLV today to
finish adding short. Then I'm looking for it to get ugly
for SLV in the short term.
I called my local Jeweler, they are a pretty big dealer
actually, they quoted me $45.10 an ounce to buy my silver bars and
$1501 for my gold bars, that's not a bad price
This is what happened in one of the parabolic moves on one
occasion. Lots of similarities with this and the last time it
happened
RSI hit 90+, $gold to $Silver hit lows when RSI is at 10
By past today is the day when it hits MAX on Silver but it
can go a day or week without correction. Best is to get some
protection by buying puts a long way away. If aggressive then buy
weeklies of next week. The following doesn't include todays data
and sure we would have hit 90 RSI and gold:silver under 10 RSI by
EOD close
all in!
Posted by freddy123321 on 21st of Apr 2011 at 11:27 am
cant take it anymore, sold my positions and bought all silver!
go freddy close your eyes
Posted by searay on 21st of Apr 2011 at 11:54 am
go freddy close your eyes and buy!!
Don't make fun of silver
Posted by jtverr on 21st of Apr 2011 at 11:46 am
Don't make fun of silver owners....
slv
Posted by freddy123321 on 21st of Apr 2011 at 01:15 pm
just having some fun with you
i think it could dble from here i just wouldnt buy here. thats all
silver stocks underperforming
Posted by zwyss on 21st of Apr 2011 at 01:28 pm
I wouldn't buy slv anyway, I'd rather buy physical silver. But i am surprised that silver stocks have not performed well in recent days. When I look at silver stocks someone could think that silver has already corrected to 32$.
In my opinion that means that eather silver will correct sharply very soon or silver stocks will catch up soon and fly to the moon. I believe that big boys are shorting gold- and silver stocks at the moment. If GDX can manage the hurdle at 64$-65$, than it could go up very fast. I'm long Gold and Silver stocks but I do not feel comfortable seeing the stocks lagging behind. Maybe it would be better to wait until GDX breaks above 65$.....
ha ha, hopefully you are
Posted by matt on 21st of Apr 2011 at 11:33 am
ha ha, hopefully you are being sarcastic. I dug out my 100 oz silver bars last night and my go to the coin shop to sell a couple of those babies today or tomorrow LOL, but I'm being serious I may sell some.
Or you could trade them for some 1st strike Pandas...
Posted by lessarda on 21st of Apr 2011 at 11:44 am
the Oxford Club is offering them for only $150 an ounce ($130 in bulk). Or would that be throwing in the towel on the U.S. of A.?
parabolic move here can go
Posted by searay on 21st of Apr 2011 at 11:40 am
parabolic move here can go higher.......but when they break down it gets ugly
What markets are open or
Posted by coold on 21st of Apr 2011 at 11:48 am
What markets are open or closed on Friday and Monday?
US Stock market
Forex
Silver/Gold CME
It's been 5 yrs since
Posted by pebs on 21st of Apr 2011 at 11:46 am
It's been 5 yrs since the RSI on SLV has been this high. The gambler in me just added to the wee short with AGQ at 334.
You will soon be rewarded
Posted by coold on 21st of Apr 2011 at 11:51 am
You will soon be rewarded with at least 50-70 pts
Yes, that is the plan.
Posted by pebs on 21st of Apr 2011 at 12:02 pm
Yes, that is the plan. Actually, I'm hoping for one more push up on the SPX today to finish selling and SLV today to finish adding short. Then I'm looking for it to get ugly for SLV in the short term.
Come on! I want that
Posted by pebs on 21st of Apr 2011 at 02:38 pm
Come on! I want that blow off top!
I called my local Jeweler,
Posted by matt on 21st of Apr 2011 at 02:47 pm
I called my local Jeweler, they are a pretty big dealer actually, they quoted me $45.10 an ounce to buy my silver bars and $1501 for my gold bars, that's not a bad price
SELL!
Posted by arcc on 21st of Apr 2011 at 03:00 pm
SELL!
This is what happened in
Posted by coold on 21st of Apr 2011 at 12:17 pm
This is what happened in one of the parabolic moves on one occasion. Lots of similarities with this and the last time it happened
RSI hit 90+, $gold to $Silver hit lows when RSI is at 10
By past today is the day when it hits MAX on Silver but it can go a day or week without correction. Best is to get some protection by buying puts a long way away. If aggressive then buy weeklies of next week. The following doesn't include todays data and sure we would have hit 90 RSI and gold:silver under 10 RSI by EOD close
some?? 100oz bars.....lol now I know
Posted by dylan398 on 21st of Apr 2011 at 11:39 am
some?? 100oz bars.....lol
now I know where my subscripitions have been going for the last 5+ years.....:)