Now we go back down to $43/42

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Now we go back down to $43/42

Postby neilgin1 » Sun Apr 24, 2011 7:12 pm

Now comes the vaunted, long awaited correction that will embolden shorts, frighten weak spec longs, and like the prom queen tease us just one more time.

We'll hear calls of "a top has been put in", and predictions of silver going back to 25-30, but we'll only see a seven dollar window, at best, before we start off to the races again and cleave thru 50 like a hot knife on butter.

i been buying like crazy......calibrated crazy, not wing nut crazy. i'll save wing nut crazy buying, if we do, against all odds go back to the mid 20's.

how do i know? i just feel it. When you're stacking, you have no market prejuidices.
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Re: Now we go back down to $43/42

Postby neilgin1 » Sun Apr 24, 2011 11:53 pm

wow! convincingly tradting above $48, looks like that gut feeling of mine is wrong!

now i can think about what to plant.
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Re: Now we go back down to $43/42

Postby beauanderos » Mon Apr 25, 2011 3:09 am

Neil, your instinct is right, but I think we'll see maybe $51 before the market decides to take a rest and profits come off the table.
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Re: Now we go back down to $43/42

Postby brian0918 » Mon Apr 25, 2011 6:27 am

I dreamt it dropped way down, woke up and found it had almost taken out the nominal Hunt Bros high.

Good mornin, good mornin! :D
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Re: Now we go back down to $43/42

Postby Coppercrazy » Mon Apr 25, 2011 8:37 am

Its funny I when I think of being at a coin show not too many months ago drooling into a giant box of halves at 20x face and just buying a couple thinking"jeez,20x face" and now here we are today hoping for a pullback into the low 40s which is still quite a bit higher than 20x....
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Re: Now we go back down to $43/42

Postby inflationhawk » Mon Apr 25, 2011 8:51 am

Markets have a way of making us all look foolish with predictions. I have been expecting a correction for some time, but am giving up on predicting one. I like the idea of holding until the gold silver ratio goes a bit lower still and will try to ignore corrections and volatility until we get there.
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Re: Now we go back down to $43/42

Postby IdahoCopper » Mon Apr 25, 2011 9:32 am

I think the prediction I saw on here a while back is now coming into play.

We are going to see wild swings of up and down for the foreseeable future.

Welcome to the roller coaster! WHEEEEEEEEEE!!!
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Re: Now we go back down to $43/42

Postby neilgin1 » Mon Apr 25, 2011 9:50 am

in hate when i do this. usually my first gut instinct is correct, then i second guess myself.

i stayed up to 0300 watching the early Asian trade, watches the crazy trade abobe 49.

then i wake up and i see us trading in the low 46's.

i'm not a spec, silver to me is real currency and I AM A SAVER.

and i'm finished with second guessing my instincts.
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Re: Now we go back down to $43/42

Postby neilgin1 » Mon Apr 25, 2011 9:48 pm

now trading at 45.50.....never fade your gut instincts, where's Jonflyfish?

just bought 3 more rolls of Franklins though....why not?
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Re: Now we go back down to $43/42

Postby 999Ni » Mon Apr 25, 2011 10:24 pm

can u say V O L A T I L E

Good time to buy folks
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Re: Now we go back down to $43/42

Postby Investin Cents » Mon Apr 25, 2011 10:48 pm

Now 44.85 @ 10:47 pm Central time on Kitco.

Buy - the - dip!!!!!

:D
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Re: Now we go back down to $43/42

Postby Market Harmony » Mon Apr 25, 2011 10:57 pm

For my kind of traders out there... confirmed A down (daily, within weekly 3), C tgt 38, 1 tgt 46, buy the daily 2 dip... est 42, stop 37.5, tgt 53. R/R = 11/26

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