Silver is on the move, did we just pass the bottom?

[JobIII]

It's interesting that a lot of things are going up. Stocks and commodities are up. I'm not sold that silver is going to reach $40 anytime soon. In either case I missed the chance to buy into stocks or silver this summer for the most part.

[fansubs_ca]

Finally decided that it's more likely to spike than have annother 2008 crash so
on TH at 2:14-2:15pm (the partial fills spread out over 2 minutes) I bought
1000 shares of SBT.UN at 18.41 in my RRSP. Meant to do it first thing in the
morning, actually meant to buy first thing WE morning but, uh, slept in. (I
work evening shift.) Figured I better just do it then before it really gets away
on me. It's too bad the stock market doesn't run 24/7 like some bullion
dealers do, that would make the process easier. I could place an order
before market open but of course I never know where the market will
open in a few hours. I had been siting on the cash since last May so I still
bought in lower than I sold. (21.75-21.76)

Of course now that I've bought in the breakout will stall. Sorry guys.

[JobIII]

18.41?!?!?!?! You must have bought in on that little spike it had yesterday.

Isn't that the way it always goes. Just after you buy the market stalls or dips, and just after you sell your position things pick up.

My favorite moment was after selling a very large amount of PM's to another RC member for 20 or 21x face it jumps to 25+ before the payment is received and higher still before the delivery confirmation.

~JobIII