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Market pullback this week?

PostPosted: Sun Oct 14, 2012 5:19 pm
by beauanderos
not looking good on the open. :?

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 5:43 pm
by scyther
It's falling off a cliff! Perhaps I'll go to the coin shop this week...

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 6:01 pm
by 68Camaro
Dunno, I suspect we'll see a rebound soon within another hour (might be started already); the early Asian market is very often weak, and it's a good place to short-sell.

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 6:07 pm
by beauanderos
Image

Seasonal weakness is not unusual for October

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 7:29 pm
by 68Camaro
It's still suffering tonight. We'll see what the morning brings. It's still better than 1550 gold and 26 silver.

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 7:30 pm
by 68Camaro
68Camaro wrote:It's still suffering tonight. We'll see what the morning brings. It's still better than 1550 gold and 26 silver.


On the other hand, I could buy more physical if it dropped a lot. So I mostly just don't like it sitting around. I want it to move either way.

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 7:51 pm
by SilverDragon72
How about $10 Silver??? Ooh....the stack potential :thumbup:

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 8:01 pm
by stlouiscoin
SilverDragon72 wrote:How about $10 Silver??? Ooh....the stack potential :thumbup:

How 'bout $5 silver?? even better!!

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 8:24 pm
by Jonflyfish
68Camaro wrote:
68Camaro wrote:It's still suffering tonight. We'll see what the morning brings. It's still better than 1550 gold and 26 silver.


On the other hand, I could buy more physical if it dropped a lot. So I mostly just don't like it sitting around. I want it to move either way.


My favorite idea is to hedge the existing stack then use the hedge gains to add to the stack. That way your stack is protected from price declines and the consequence is that your stack grows and grows and compounds and grows and compounds....

Cheers!

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 8:26 pm
by Primus123
Back da truck up....

It won't last. 1800 gold 40 silver by year end

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 8:29 pm
by dakota1955
I do remember $5 silver.

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 8:30 pm
by Jonflyfish
Primus123 wrote:Back da truck up....

It won't last. 1800 gold 40 silver by year end


"It won't last" is a dangerous comment. The nonexistent future is always unknowable and anything is always possible.
Cheers!

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 8:35 pm
by SilverDragon72
dakota1955 wrote:I do remember $5 silver.



Now THAT would be simply wonderful....at least for a while.

Re: Market pullback this week?

PostPosted: Sun Oct 14, 2012 8:38 pm
by Jonflyfish
SilverDragon72 wrote:
dakota1955 wrote:I do remember $5 silver.



Now THAT would be simply wonderful....at least for a while.

With all respect It shouldn't matter what the price is, especially from an emotional perspective.
Cheers!

Re: Market pullback this week?

PostPosted: Mon Oct 15, 2012 5:20 am
by 68Camaro
Wake up this morning to see the overnight, and was frankly a bit surprised. Tended to expect either a further drop, or at least a partial recovery. Didn't expect flat. Interesting.

Re: Market pullback this week?

PostPosted: Mon Oct 15, 2012 9:00 am
by Jonflyfish
Nice extended move this morning. Laid off some of the hedge in futures with terrific gains to stack more physical with.
Cheers!

Re: Market pullback this week?

PostPosted: Mon Oct 15, 2012 9:05 am
by Jonflyfish
Laid off more hedge.
Cheers!

Re: Market pullback this week?

PostPosted: Fri Oct 19, 2012 11:02 am
by beauanderos
as I was saying... :roll:

Re: Market pullback this week?

PostPosted: Fri Oct 19, 2012 11:14 am
by 68Camaro
They nailed it at London close. BAM!

Re: Market pullback this week?

PostPosted: Fri Oct 19, 2012 3:04 pm
by creshka46
beauanderos: 1
Wynter Benton: 0

Re: Market pullback this week?

PostPosted: Fri Oct 19, 2012 10:07 pm
by beauanderos
creshka46 wrote:beauanderos: 1
Wynter Benton: 0

:lol: :lol: but at least they got the not liking Blythe Masters part right :thumbup: