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Silver just hit 20.25!!! wild Night ahead


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#1 senorBS

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Posted 19 May 2013 - 05:12 PM

wonder if a big time margin call liquidation just happened - now at 21.18, gold only down 11 bucks so far. capitulation low in silver goin on in thin trading? hmmmm BSing away Senor

Edited by senorBS, 19 May 2013 - 05:14 PM.


#2 senorBS

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Posted 19 May 2013 - 05:40 PM

wonder if a big time margin call liquidation just happened - now at 21.18, gold only down 11 bucks so far. capitulation low in silver goin on in thin trading? hmmmm

BSing away

Senor



gold now in gear, want to see south of 1321 border, fun times

PureBS

Senor

#3 dougie

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Posted 19 May 2013 - 09:39 PM

why do you want to see south of 1321?

#4 senorBS

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Posted 20 May 2013 - 08:17 AM

why do you want to see south of 1321?


I think it's a cinco wave and they usually take out the previous low which was 1321, I want wave completion which I think we may have got in Silver at 20.25. If I am right gold rallies back to 1490 and silver 24 once bottoms are made. I am not saying this is the end of a grande correction from 2011, just completion of a muy big wave down, we see

BSing away

Senor

#5 senorBS

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Posted 20 May 2013 - 09:50 AM

the apathy and lack of any bullishness here is extreme IMO. I get why but this is how importante lows are made. I am looking for a big bounce and am positioned accordingly. This market is of course dangerous and not for the faint of heart, I think a big rally is coming, we see Senor

Edited by senorBS, 20 May 2013 - 09:50 AM.


#6 tria

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Posted 20 May 2013 - 10:38 AM

wonder if a big time margin call liquidation just happened - now at 21.18, gold only down 11 bucks so far. capitulation low in silver goin on in thin trading? hmmmm

BSing away

Senor

I believe it was 1,500 contracts sold at mkt.
After the drop, the volume on the way up was heavier than the volume on the way down to 20.25
Tuesday 5/28 is June futures opex. I expect next week to be more interesting from the long side than this week. Nevertheless, I have been doing selective buying.

-tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#7 senorBS

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Posted 20 May 2013 - 10:44 AM

wonder if a big time margin call liquidation just happened - now at 21.18, gold only down 11 bucks so far. capitulation low in silver goin on in thin trading? hmmmm

BSing away

Senor

I believe it was 1,500 contracts sold at mkt.
After the drop, the volume on the way up was heavier than the volume on the way down to 20.25
Tuesday 5/28 is June futures opex. I expect next week to be more interesting from the long side than this week. Nevertheless, I have been doing selective buying.

-tria


buckle up amigo, could be a fun norte ride, we see

#8 senorBS

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Posted 21 May 2013 - 11:06 AM

wonder if a big time margin call liquidation just happened - now at 21.18, gold only down 11 bucks so far. capitulation low in silver goin on in thin trading? hmmmm

BSing away

Senor

I believe it was 1,500 contracts sold at mkt.
After the drop, the volume on the way up was heavier than the volume on the way down to 20.25
Tuesday 5/28 is June futures opex. I expect next week to be more interesting from the long side than this week. Nevertheless, I have been doing selective buying.

-tria


buckle up amigo, could be a fun norte ride, we see


possible buemo dos wave bottom in miners this mornin, if el correct watch out norte!

BSing away

Senor

#9 dougie

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Posted 21 May 2013 - 11:35 AM

possible wave dos: yes or a b down with c up to come both st positive, but a world of difference

#10 stubaby

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Posted 21 May 2013 - 12:23 PM

possible wave dos: yes or a b down with c up to come
both st positive, but a world of difference



Yep :D much above 270 and Senor could be right - rollover below 270 and swoosh again :o


stubaby B)