Rebound? Did we just see the bottom?

[Jonflyfish]

I hope I'm 100% wrong (because I don't like being the partypooper) but the risk has compounded.

Cheers!

[beauanderos]

I hope I'm 100% wrong (because I don't like being the partypooper) but the risk has compounded.

Cheers!

I figured we'd already witnessed a fairly strong upside today, so based on the premise that da boyz might retaliate I've positioned myself to now benefit from a move in either direction. For the record, Jon, there may well be truth in pricing (it's just that I have more fun when I can toss conspiracy theories around , makes the passage of time more entertaining for me ). And since I positioned myself into triple leverage using tranches, I was able to exit today from a considerable portion of that position at a profit.

[barrytrot]

I figured we'd already witnessed a fairly strong upside today, so based on the premise that da boyz might retaliate I've positioned myself to now benefit from a move in either direction. For the record, Jon, there may well be truth in pricing (it's just that I have more fun when I can toss conspiracy theories around , makes the passage of time more entertaining for me ). And since I positioned myself into triple leverage using tranches, I was able to exit today from a considerable portion of that position at a profit.

I haven't done the math on it, but I would imagine that constantly playing the "move either way" strategy probably would net you a nice profit about 90% of the time in this random environment we are in. Although with the option premiums working against you on that strategy maybe it's closer to a 75% profit.

[mongo]

I believe what we just saw the last few weeks was price manipulation at its finest. My only regret is that I didnt buy more. My hunch is that silver will be back up to the mid to upper 30s real soon. I have no evidence of this only a hunch. With the current economic condition right now I think PMs have nowhere to go but up. But either way im going to just keep sorting and stacking.

Sort On
Mongo

[beauanderos]

I believe what we just saw the last few weeks was price manipulation at its finest. My only regret is that I didnt buy more. My hunch is that silver will be back up to the mid to upper 30s real soon. I have no evidence of this only a hunch. With the current economic condition right now I think PMs have nowhere to go but up. But either way im going to just keep sorting and stacking.

Sort On
Mongo

My broker wanted to know if I had inside information with the trades I was placing today. I told him Mongo had spoken. He replied "huh?" I said "yep, the Hunch is back from another dame!"

[mongo]

To me it looks like the hunch is back FOR another Dame not from another Dame. R-R-R

Sort On

Mongo

[Jonflyfish]

I hope I'm 100% wrong (because I don't like being the partypooper) but the risk has compounded.

Cheers!

I figured we'd already witnessed a fairly strong upside today, so based on the premise that da boyz might retaliate I've positioned myself to now benefit from a move in either direction. For the record, Jon, there may well be truth in pricing (it's just that I have more fun when I can toss conspiracy theories around , makes the passage of time more entertaining for me ). And since I positioned myself into triple leverage using tranches, I was able to exit today from a considerable portion of that position at a profit.

Conspiracy theory aside, you seem like a very intelligent and savy market sage. Good to see that you and some others here are actively hedging and positioning in the electronic arena to enhance the physical. Yin-Yang

Cheers!