"I dont doubt your calls, just didnt follow your humor. my bad"
Had this kind of black humor even from my old school days. Enough said.
Posted 18 May 2016 - 05:03 PM
"I dont doubt your calls, just didnt follow your humor. my bad"
Had this kind of black humor even from my old school days. Enough said.
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
Posted 19 May 2016 - 06:26 AM
I have said this before but it still bothers me.
Gold futures OI just does not seem to calm down, that is to drop.
It does not indicate any stop-loss/short covering activity for now but on the contrary,
more naive buying and strong money selling on any small price rise.
Due to the SLV present opex set up, I still wish however to get filled on the remaining
Silver buy order at 16.57 OB. Looking for +$0.50-$0.70 to unload.
BTW because of my bullish bias for the Grains complex, I think I will concentrate more on Silver
this year.
Edited by tria, 19 May 2016 - 06:31 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
Posted 19 May 2016 - 06:58 AM
I could not stand it of not getting filled for a couple of cents above and just bought at mkt at $16.59
Edited by tria, 19 May 2016 - 07:01 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
Posted 19 May 2016 - 10:52 AM
With all the bullish GDX talk in May we forgot our 2 previously trusted cycles indicating
a potential but expected month of May low in Gold's price.
To bring them back to our memory and respect:
Chart courtesy of Indian-T.Theory forum
Chart courtesy of Norm-T.Thory forum
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
Posted 19 May 2016 - 11:48 AM
Posted 19 May 2016 - 12:14 PM
Form. A head and shoulders bottom?
Too early to tell, too late for me to trade short not because of the technicals but because of the fundamentals.
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