Silver price is going parabolic again

Discussion in 'Silver' started by leon1998, Apr 21, 2016.

  1. Krakked789

    Krakked789 Well-Known Member

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    Meanwhile in silver news...
     
  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    You're on the wrong thread... This is episode 121 of Silver Shore :D
     
  3. serial

    serial Well-Known Member Silver Stacker

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    Really? After you changed topic you demand we all stay on the topic of your choice.
    The original topic was about how Leon makes wild claims all the time but is full of shot. He has been called out as a lier then you suddenly stick your nose in and demand we talk about your hurt feelings of harassment.
     
  4. Fat Penguin

    Fat Penguin Well-Known Member Silver Stacker

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    It's quite entertaining watching House & Serial vs Chip. Neither ever backs down to the other.
     
  5. Krakked789

    Krakked789 Well-Known Member

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    Get out the popcorn and enjoy By the Shores of Silvery Lake...
     
  6. sammy

    sammy Active Member Silver Stacker

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    So ... is silver going parabolic? It doesn't look like it at the moment and there's too much overhead resistance for it to happen any time soon.
     
  7. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Wedge pattern !

    Lower highs and higher lows.

    Huge smack down coming imo.

    If it smashes through the 22 and holds for a few days, I'd say the trend is upwards but...I think we are going to see a big correction.

    Why?

    Shanghai novelty will wear off quickly as will the surge in commodities such as I Ore...big retreat coming.
     
  8. tolly_67

    tolly_67 Well-Known Member

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    O.k. that sounds good to me...... it is a bit like bending a branch and waiting for the 'crack' noise when it finally breaks. Silver price break coming very, very soon.
     
  9. leon1998

    leon1998 Member

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    Peeps missed a trading opportunity and become envious :)

    chicken little need some proof? Bunch of idiots are the best proof of themselves. :))
     
  10. House

    House Well-Known Member Silver Stacker

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    Ask Wrcmad for proof of a trade and he'll happily provide.

    Ask Leon and he'll get all defensive and resort to name calling :)
     
  11. Guest

    Guest Guest

    How many of these posts end in two pussies insulting each other? 60%? 70%?
     
  12. Belvedere

    Belvedere Active Member Silver Stacker

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    You are the idiot. Go away and spread your crap somewhere else. "Peeps"? If you are too lazy to spell correctly then I doubt if you have the energy (or the intelligence) to trade anything.
     
  13. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Cough
     
  14. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Cos, These people are actually mimicking animals ( Actually Keyboard-Bullies )
    Their posts end up insulting others. Rather than proper discussions.

    Cough cough
     
  15. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Is there a doctor in the room with you?
     
  16. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    The Chocolate was poison, also having an alergy reaction with the Soy- milk , house given on the other thread

    Can't trust what have been given

    Cough cough
     
  17. silversearcher

    silversearcher Active Member Silver Stacker

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    HAHA....Leon nails it again. And some are all butt hurt that he made another significant call...Way to go Leon. :p
     
  18. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Closed at $16.95
     
  19. mmissinglink

    mmissinglink Active Member

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    Everywhere...simultaneously

    That's called the predictable Friday smackdown price. The real deal will be this coming week....if the trend continues up....then that's another nail in the coffin of the permabear! :)




    .




    .
     
  20. Caneorange

    Caneorange Member

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    So, I originally started the math thinking Leon was making the trades it was just with such a small amount that who cares, but after going through the math I come to a completely different conclusion. I now doubt the trades are happening.

    Would love someone else to go through my math and see if I am missing something or made a mistake in my assumptions.

    So, here is the cliff notes of the math and you can view the link below to verify my position data.

    On 1/26/16 Leon initiated a short position at 14.50
    On 2/3 Leon added at 14.70
    On 2/4 Leon added at 14.90 to make an average of 14.70
    On 2/12 Leon doubled down at 15.72
    On 2/26 Leon closed at 15.06 for a profit that was used to buy a tube of Maples at 16.76 each.


    1/26 Opened the position short 446 shares costing ~$6,500
    2/3 now short 892 shares now invested ~$14,000
    2/4 now short 1,342 shares new total investment ~$21,000
    2/12 now short 2,667 shares new total investment ~$41,000
    2/26 sold shorts for total of ~$41,400 (41,400/15.06 is ~2,700 shares) or 0.15 times 2,700 equals $405
    Closed for a profit of ~$400 or 1% in exactly a month


    For information on where I am getting this data see this post.
    http://forums.silverstackers.com/to...f-smackdown-is-ahead-for-gold-and-silver.html
     

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