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Market pullback this week?

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Market pullback this week?

Postby beauanderos » Sun Oct 14, 2012 5:19 pm

not looking good on the open. :?
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Re: Market pullback this week?

Postby scyther » Sun Oct 14, 2012 5:43 pm

It's falling off a cliff! Perhaps I'll go to the coin shop this week...
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Re: Market pullback this week?

Postby 68Camaro » Sun Oct 14, 2012 6:01 pm

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.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
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Re: Market pullback this week?

Postby beauanderos » Sun Oct 14, 2012 6:07 pm

Image

Seasonal weakness is not unusual for October
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Re: Market pullback this week?

Postby 68Camaro » Sun Oct 14, 2012 7:29 pm

It's still suffering tonight. We'll see what the morning brings. It's still better than 1550 gold and 26 silver.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Market pullback this week?

Postby 68Camaro » Sun Oct 14, 2012 7:30 pm

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.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Market pullback this week?

Postby SilverDragon72 » Sun Oct 14, 2012 7:51 pm

How about $10 Silver??? Ooh....the stack potential :thumbup:
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Re: Market pullback this week?

Postby stlouiscoin » Sun Oct 14, 2012 8:01 pm

SilverDragon72 wrote:How about $10 Silver??? Ooh....the stack potential :thumbup:

How 'bout $5 silver?? even better!!
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Re: Market pullback this week?

Postby Jonflyfish » Sun Oct 14, 2012 8:24 pm

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....

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Re: Market pullback this week?

Postby Primus123 » Sun Oct 14, 2012 8:26 pm

Back da truck up....

It won't last. 1800 gold 40 silver by year end
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Re: Market pullback this week?

Postby dakota1955 » Sun Oct 14, 2012 8:29 pm

I do remember $5 silver.
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Re: Market pullback this week?

Postby Jonflyfish » Sun Oct 14, 2012 8:30 pm

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.
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Re: Market pullback this week?

Postby SilverDragon72 » Sun Oct 14, 2012 8:35 pm

dakota1955 wrote:I do remember $5 silver.



Now THAT would be simply wonderful....at least for a while.
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Re: Market pullback this week?

Postby Jonflyfish » Sun Oct 14, 2012 8:38 pm

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.
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Re: Market pullback this week?

Postby 68Camaro » Mon Oct 15, 2012 5:20 am

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.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Market pullback this week?

Postby Jonflyfish » Mon Oct 15, 2012 9:00 am

Nice extended move this morning. Laid off some of the hedge in futures with terrific gains to stack more physical with.
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Re: Market pullback this week?

Postby Jonflyfish » Mon Oct 15, 2012 9:05 am

Laid off more hedge.
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Re: Market pullback this week?

Postby beauanderos » Fri Oct 19, 2012 11:02 am

as I was saying... :roll:
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Re: Market pullback this week?

Postby 68Camaro » Fri Oct 19, 2012 11:14 am

They nailed it at London close. BAM!
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Market pullback this week?

Postby creshka46 » Fri Oct 19, 2012 3:04 pm

beauanderos: 1
Wynter Benton: 0
Pennies: $4200 - (0) indians - (5)steel - (1) George V Canadian
Nickels: $6500 - (62)war - (23)buf - (1)V nic - (4) key date jeff's
Dimes: $5000 - (24)roos - (2)merc - (2)AgCAN
Halves: $8000 - (7)'64 - (33)40% - (1)walker
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Re: Market pullback this week?

Postby beauanderos » Fri Oct 19, 2012 10:07 pm

creshka46 wrote:beauanderos: 1
Wynter Benton: 0

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