The Silver Pennant...

Discussion in 'Silver' started by gelxi, Oct 18, 2011.

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  1. grinners

    grinners Active Member Silver Stacker

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    Brother John as bullish as ever, still suggesting $100 by the end of the year!

    [youtube]http://www.youtube.com/watch?v=OXTw59u6W1E[/youtube]

    I can see it going down before going up.
     
    grinners, Oct 18, 2011
    #21
  2. Aureus

    Aureus Active Member Silver Stacker

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    that guy is so far off the mark it's laughable.
    I think we may test the 26 low again, soon.
     
    Aureus, Oct 18, 2011
    #22
  3. Lord Dragon

    Lord Dragon Member

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    That would be nice, more silver!
     
    Lord Dragon, Oct 18, 2011
    #23
  4. gelxi

    gelxi New Member

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    thatguy: Spot on, that's exactly what technical analysis is about. It's as difficult and as accurate as being able to predict human emotions. Every chart tells a story.

    I personally don't trade silver, but investing for the long run as I believe in the fundamentals of silver. Technical analysis comes in handy to tell me roughly when is a good time to accumulate.
     
    gelxi, Oct 18, 2011
    #24
  5. gelxi

    gelxi New Member

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    The pennant support is definitely broken on the hourly candle now, next we have to wait for a confirmation on the daily candle.
     
    gelxi, Oct 18, 2011
    #25
  6. Spilver

    Spilver Member Silver Stacker

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    The roller coaster is getting exciting again. The sideways crabwalk was getting a bit boring.
     
    Spilver, Oct 18, 2011
    #26
  7. BBQ

    BBQ Member

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    I'm ashamed I had to look up the definition of pennant.

    Now I'm happier crabs have been introduced.
     
    BBQ, Oct 18, 2011
    #27
  8. thatguy

    thatguy Active Member

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    1 kg dragon for under $1000??? Come in spinner :D
     
    thatguy, Oct 18, 2011
    #28
  9. BBQ

    BBQ Member

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    *eyes some more silver*
     
    BBQ, Oct 18, 2011
    #29
  10. rick_au

    rick_au Member

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    *mouse hovering over buy button*
     
    rick_au, Oct 18, 2011
    #30
  11. 940palmtx

    940palmtx New Member

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    I'm waiting for a chart to shape up like a unicorn horn before I buy again :cool:
     
    940palmtx, Oct 18, 2011
    #31
  12. Dandan

    Dandan New Member

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    If it goes a few bucks under 30, as if you're not gonna buy again lol.
     
    Dandan, Oct 18, 2011
    #32
  13. thatguy

    thatguy Active Member

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    [​IMG]
    no angle on that one :D
     
    thatguy, Oct 18, 2011
    #33
  14. gelxi

    gelxi New Member

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    The market has chosen.
     
    gelxi, Oct 18, 2011
    #34
  15. rick_au

    rick_au Member

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    Is it worth staying up tonight incase it drops further?
     
    rick_au, Oct 18, 2011
    #35
  16. gelxi

    gelxi New Member

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    Do you mean staying up tonight to place an order? If you're buying physical like me, you can wait till tomorrow until the bullion shop opens and place an order.

    If you're placing an order for silver etf, would be better to put an entry order at your target price and go to sleep.
     
    gelxi, Oct 18, 2011
    #36
  17. thatguy

    thatguy Active Member

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    what about if you're buying physical online with a trader who updates to spot? I'm staying up... its a Ag party... maybe i'll go have a sail
     
    thatguy, Oct 18, 2011
    #37
  18. gelxi

    gelxi New Member

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    @thatguy: Nice service there, do they allow you to place entry orders? Or can you only place market orders? In any case... have fun tonight :)
     
    gelxi, Oct 18, 2011
    #38
  19. thatguy

    thatguy Active Member

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    market orders, gonna get me a 1kg dragon for under $1000AUD woooopie :D
     
    thatguy, Oct 18, 2011
    #39
  20. gelxi

    gelxi New Member

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    Well done :) May I know where do you buy them online?
     
    gelxi, Oct 18, 2011
    #40
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