View Full Version : Looks like some last minute covering in Silver
G-khan
02-24-2006, 02:25 PM
Price just took off..........
G-khan
02-24-2006, 02:35 PM
Yeah, no kidding!
Now let's see if your prediction re nxg is correct....
:tongue:
That don't look like it will happen - but you never know.. we can hope!
G-khan
02-24-2006, 02:38 PM
Here is the NXG chart - lots of volume today...
Scorpio
02-24-2006, 02:39 PM
You have to remember on the small fry that a lot of players can't get in and out of them, consequently, they have to reach x price before they'll play.
So, for now it is between the bugs and the inevitable sellers for control of the hill.
Big_Rob
02-24-2006, 02:42 PM
I was just looking down at my Kitco tasktray and I noticed the same thing..
So much for the prediction of it going under 9.00
Curtman
02-24-2006, 03:00 PM
I'm pissed
SilverKnight
02-24-2006, 03:33 PM
Oh man, I can't stand it...
I'm still waiting for $8.50 to return...
One more month of this and I'll have to go back to dollar-cost averaging.
V10silver
02-24-2006, 03:40 PM
Not that I would ever ...ever ... ever gloat but I told you it was going to head back up. :aetsch:
Scorpio
02-24-2006, 03:44 PM
Khan,
Like I said, there is a block of over 53K sitting on top of that stock. Big volume today, and it would need more to bust on through as this has been going on all day. It is opportunity for the boo birds.
Not to mention you are into a double top situation............
HistoryStudent
02-25-2006, 01:24 AM
Oh man, I can't stand it...
I'm still waiting for $8.50 to return...
One more month of this and I'll have to go back to dollar-cost averaging.
First we'll hit around 10.50 then about 13.00. The a pull back to around 10.00 and then 15.00. Kind of a up going ratchet effect channel.
Wait till we hit about $25 to sell 10%; then $30 for 10% more; $40.00 10%
And then take a breather for about 60; 80; and 100. Who knows how high.
Trade into something that's cheap now.
Infidel
02-25-2006, 02:00 AM
if you are pulling out at 10% at a time what do you do with this fiat?
Prometheus
02-25-2006, 03:04 AM
if you are pulling out at 10% at a time what do you do with this fiat?
Buy tanigble items you need like shelter, clothing, food, weapons, ammo ect. ect.
Or reinvest it into something that won't dissapear... exactly what I'll have to wait and see.
Infidel
02-25-2006, 03:27 AM
Buy tanigble items you need like shelter, clothing, food, weapons, ammo ect. ect.
Or reinvest it into something that won't dissapear... exactly what I'll have to wait and see.
first part yes. things that keep their value i buy monthly, also food, ammo. so if the pms take longer i might have much by then.
the second sentence, i don't know, it is exactly why you are buying PMs. It is hard for them to dissapear. land? nope not permanent enough. No free hold. Just permanent tennant status. property taxes.
I want a sail boat that can be liveaboard. while the taxes on them are minimal mainteinance will make you want to pay property taxes on a house.
So i am all eyes
We do live only once.
Joejeweler
02-25-2006, 12:10 PM
Hehehe,......weren't you the one waiting to buy when silver dropped below $9.00?
Looks like it ain't happening, my AG/AU brother in arms. Take solace in that all you currently hold is rising nicely.
I'm pissed
jerry
02-25-2006, 12:51 PM
Beginning to look like there might be something in this full-moon-and-then-up silver deal!
After the full moon silver seems to consolidate for a day or two and then move up.
Big question is, "Does it move up until the new moon and then go down after the new moon?"
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