Silver
#1
Posted 24 March 2013 - 11:47 AM
I want to do SLW calls, coins, and pslv in an IRA
on Friday and Monday.
This could go down with an end of month stock push since
the metals are trading opposite stocks. or it could just trough
with time.
I am working on SLW weekly and Gold Weekly.
Should this near term surge occur, the weeklies
have another set of lows to form toward end of Jun.
It would be nice for that to be a higher retest of a breakout,
after this near term move has materialized.
I like this discussion, begin at 1 hour.
It is Christian, about finance, metals, currency
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#2
Posted 24 March 2013 - 08:32 PM
#3
Posted 25 March 2013 - 08:29 AM
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
#4
Posted 26 March 2013 - 12:26 PM
someone listening!I would not mind one more new low in Silver for this decline and have gold make a much higher low and then maybe it's grande norte, we see
Senor
thing is, silver could resolve the OTHER direction
#5
Posted 26 March 2013 - 01:53 PM
someone listening!I would not mind one more new low in Silver for this decline and have gold make a much higher low and then maybe it's grande norte, we see
Senor
thing is, silver could resolve the OTHER direction
of course it could, me no think so however, I think they are tryin to make the few bulls give up cause it just "can't seem to rally", we see
Senor
#6
Posted 26 March 2013 - 02:49 PM
someone listening!I would not mind one more new low in Silver for this decline and have gold make a much higher low and then maybe it's grande norte, we see
Senor
thing is, silver could resolve the OTHER direction
of course it could, me no think so however, I think they are tryin to make the few bulls give up cause it just "can't seem to rally", we see
Senor
On the weeknly GDX, the RSI is more oversold than at the 2008 panic low.
http://bbs.cobrasmar...f...9&mode=view
#7
Posted 26 March 2013 - 08:04 PM
someone listening!I would not mind one more new low in Silver for this decline and have gold make a much higher low and then maybe it's grande norte, we see
Senor
thing is, silver could resolve the OTHER direction
of course it could, me no think so however, I think they are tryin to make the few bulls give up cause it just "can't seem to rally", we see
Senor
On the weeknly GDX, the RSI is more oversold than at the 2008 panic low.
http://bbs.cobrasmar...f...9&mode=view
#8
Posted 26 March 2013 - 09:39 PM
#9
Posted 26 March 2013 - 10:15 PM
What I try to do is wait for the event, if not tomorrow then maybe the next.
I actually don't have much available cash and I have recently made 3 purchases on low days.
I am going to make a purchase on Friday or Monday which may be on the way
up, which would be ok too with a little confirmation, in fact is the best approach
either hit a throwdown just right or let is show some reversal up with volume qualities.
( I'm not sure if market trades friday AM),
I can add to a gold mutual fund in 401k, on a good throwdown I want to buy the British Sovereigns.
This last wave looks like it wants a wave v throwdown day.
Date on chart should be 3/26
Edited by AChartist, 26 March 2013 - 10:16 PM.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#10
Posted 27 March 2013 - 08:37 AM
I't can't work this way exactly but here it is, that lowpoint is tomorrow.
What I try to do is wait for the event, if not tomorrow then maybe the next.
I actually don't have much available cash and I have recently made 3 purchases on low days.
I am going to make a purchase on Friday or Monday which may be on the way
up, which would be ok too with a little confirmation, in fact is the best approach
either hit a throwdown just right or let is show some reversal up with volume qualities.
( I'm not sure if market trades friday AM),
I can add to a gold mutual fund in 401k, on a good throwdown I want to buy the British Sovereigns.
This last wave looks like it wants a wave v throwdown day.
Date on chart should be 3/26
Looks like what I said earlier could be happening right now, a finale el thrusto down is silver while gold and the miners in gemeral go sideeways. muy bueno so far and silver might fail to go below 27.92
BSing away
Senor
Edited by senorBS, 27 March 2013 - 08:37 AM.