Are we in a Dip?

Discussion in 'Silver' started by BootyBandit, Mar 19, 2012.

  1. BootyBandit

    BootyBandit New Member

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    Thinking about buying a Kilo bar today incase silver bounces back up, I personally dont see silver going below $30/oz anybody else think the same?
     
    BootyBandit, Mar 19, 2012
    #1
  2. silver87

    silver87 New Member

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    I think it's a good time to buy now!! if it does dip below $30, it's only momentary.
     
    silver87, Mar 19, 2012
    #2
  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    Technical analysis junkies are cheering a dip to ~$26 to form a strong reverse head-and-shoulders pattern. A fairly predictable pattern that would suggest a massive upswing on the horizon.

    Hedge your bets... buy! :p
     
    heartastack, Mar 19, 2012
    #3
  4. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    If you need us to tell you to buy, you're obviously not investing in the right thing.
     
    RetardedMonkey, Mar 19, 2012
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  5. BlackSheep

    BlackSheep Well-Known Member Silver Stacker

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    I think we are in a dip for sure, as to where the bottom might be there's a lot of opinions out there ranging from we're allready there to "the end of the world is nigh"

    My guess is that it could dip a bit further and may take up to another two to four weeks to find the bottom for this move. (please do not treat this as advice, if I knew what I was doing my cost average would probably not be $5 higher than current spot) :lol:

    If I hadn't been a greedy pig during the dec/jan dip I think I'd be buying right now, and adding more if it dips further.

    My personal strategy right now is to hold off a little to see if it dips further. I'm thinking USD31.50 might happen, and possibility of circa USD30 depending on the duration of this move, maybe even a quick spike lower to test the downtrend line around USD28 (or even a little lower if it drags on until next month before heading back up)
     
    BlackSheep, Mar 19, 2012
    #5
  6. systematic

    systematic Well-Known Member

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    A black sheep talking about dips is worth paying some attention to.
     
    systematic, Mar 19, 2012
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  7. Silverbullet08

    Silverbullet08 New Member

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    I think its in a dip.... but im also going to buy 400 oz :D
     
    Silverbullet08, Mar 19, 2012
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  8. dragafem

    dragafem Well-Known Member Silver Stacker

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    My guess is as only good as yrs:)
     
    dragafem, Mar 19, 2012
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  9. Sultan Pepper

    Sultan Pepper Member

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    I'd be stocking up at the moment, burnt most of my money last week in melbourne though, damn Casino.
     
    Sultan Pepper, Mar 19, 2012
    #9
  10. radiobirdman

    radiobirdman Well-Known Member Silver Stacker

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    No we're in a bubble . remember the 70s
     
    radiobirdman, Mar 19, 2012
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  11. iceblue

    iceblue Well-Known Member

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    Dip before easter is standard, same with xmas. Back up after Easter.
     
    iceblue, Mar 19, 2012
    #11
  12. phillis

    phillis Member

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    nice to see that happened last year
     
    phillis, Mar 19, 2012
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  13. systematic

    systematic Well-Known Member

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    Forcing a beach ball under water is also a dip but it cant stay there forever and it seems we are in a period of a fiat cycle that mathematically suggests it can't ...
     
    systematic, Mar 19, 2012
    #13
  14. Rinchin

    Rinchin New Member

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    Yip buy buy buy. if you turn your chart on the side you will see the infamous vertical zig zag formation, a sign buy buy buy in tangible assets such as real money, or sell sell sell in the case of paper assets. In which my completely unqualified advice would be to buy buy buy
     
    Rinchin, Mar 19, 2012
    #14
  15. No1joey

    No1joey Member Silver Stacker

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    Who knows, I'm over silver.. getting into frozen orange concentrate and pork bellys now
     
    No1joey, Mar 19, 2012
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  16. shano73

    shano73 Member

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    Stop watching Trading Places...........even though that film rocks :p
     
    shano73, Mar 19, 2012
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  17. metalzzz

    metalzzz Well-Known Member

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    Buy. Lock away. Forget
     
    metalzzz, Mar 19, 2012
    #17
  18. Azure

    Azure Active Member Silver Stacker

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    [​IMG]
     
    Azure, Mar 19, 2012
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  19. Silvertronic

    Silvertronic Member

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    mmmm..... silver dip....
     
    Silvertronic, Mar 20, 2012
    #19
  20. PeeZapp

    PeeZapp Member Silver Stacker

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    If that bowl dip bowl is hallmarked sterling I'll take it :lol:
     
    PeeZapp, Mar 20, 2012
    #20

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