Timing is Everything

[beauanderos]

Been sitting on cash inside my 401K for six weeks... put in a silly order last week to buy USLV at under $60. Just filled, 49 shares at $59.87. We'll see how she does. TPTB aren't letting silver run to the upside anymore with any kind of significant bounce, so I may have to be satisfied with a smaller move.

[mbailey1234]

Ray if I knew you were getting long maybe I wouldn't have put this on today....

USLV - 11:43:53
Bought 90s @ $58.8676 - Total: $5,305.08

Kind of ironic isn't it?

[beauanderos]

Ray if I knew you were getting long maybe I wouldn't have put this on today....

USLV - 11:43:53
Bought 90s @ $58.8676 - Total: $5,305.08

Kind of ironic isn't it?

I've just been watching for large enough pendulum swings to entice me back, either into ZSL or USLV. I currently hold positions in both.

[HD-Daddy]

I have been in USLV awhile (Sigh) would love to see it go....up, I hope you two are correct on this.

[everything]

Was this a long trade, see dslv has done well the last month, what a rocky road though, talk about ups and downs the whole way.

[mbailey1234]

Nice pop today. Hey Ray... Did you load up on some ZSL yesterday?

[beauanderos]

Nice pop today. Hey Ray... Did you load up on some ZSL yesterday?

No, I'm waiting for a stronger surge to the upside. Have an order in to buy ZSL at 79... last I looked it was 83.50 or sumting like that. There's been a few months recently that I was sitting on equal amounts of USLV and ZSL... since us peons don't know what the God's will do... bet both sides (works as long as there's BIG volatility)

If silver has a follow-thru move (HIGHLY doubtful they'll let that happen) then I'll lower my bid for ZSL and just let the other ponies gallup awhile

[beauanderos]

Looks like I'm gonna have to pump it up! I didn't realize DSLV was out there... triple inverse silver ETF. I'm gonna have to check this one out