AUD $42

Discussion in 'Silver' started by Stedlar, Aug 22, 2011.

  1. Stedlar

    Stedlar Active Member

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    Just putting in a marker

    Currently $42.03 in AUD.
     
    Stedlar, Aug 22, 2011
    #1
  2. Earthjade

    Earthjade Member

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    I would expect some drops over the day due to profit taking.
     
    Earthjade, Aug 22, 2011
    #2
  3. errol43

    errol43 New Member Silver Stacker

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    The price is moving up and down..Where it stops, nobody knows..

    Regards Errol 43
     
    errol43, Aug 22, 2011
    #3
  4. thatguy

    thatguy Active Member

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    you could cut a tree down with the spot graph the way it is at the moment
     
    thatguy, Aug 22, 2011
    #4
  5. gbickle

    gbickle Member

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    deja vu .... The graphs were showing the exact same weirdness in the asian markets when it was in the forties last time (dodgy data?)
     
    gbickle, Aug 22, 2011
    #5
  6. fishball

    fishball New Member Silver Stacker

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    Thin trading volume leading to high volatility that's all
     
    fishball, Aug 22, 2011
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  7. gbickle

    gbickle Member

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    nah this is different... its seems to be just from goldprice (the one on silverstackers) .. (other charts look normal eg kitco etc) ...
    you see the price go from new york close to the correct price then new york close to correct price and so on ....

    Gold chart is doing the exact same

    [​IMG]
     
    gbickle, Aug 22, 2011
    #7
  8. damien192x

    damien192x New Member

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    Just went through 40 like a knife through hot butter
    Sorry I have no idea where this came from or who we are mocking but I wanted to use that line
     
    damien192x, Aug 22, 2011
    #8
  9. ebenezer

    ebenezer Member

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    Do you think it will rise even more?
     
    ebenezer, Aug 22, 2011
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  10. Diablo21

    Diablo21 Member

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    Yes
     
    Diablo21, Aug 22, 2011
    #10
  11. jnkmbx

    jnkmbx Well-Known Member

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    What I like about it is that the correct version works well too.

    *remembers Laser Weapons General using the quote as he fires particle cannons to destroy stationary defenses*
     
    jnkmbx, Aug 22, 2011
    #11
  12. paintballtao

    paintballtao New Member

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    i am thinking of adding 20 ounces more to the stack, is this the time or i can wait for a pullback?
     
    paintballtao, Aug 22, 2011
    #12
  13. Silverrider

    Silverrider Active Member

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    I bought today...been buying ever since 2007 so pullback or no pullback...it will reap rewards for you sooner or latter
     
    Silverrider, Aug 22, 2011
    #13
  14. Ag

    Ag Well-Known Member Silver Stacker

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    $44 was the resistance level - it touched it and backed right away - so to tell if this level will hold or not ,wait a week or so as confirmation. On the reverse (correction) the same will happen - meaning bounces off $44...

    So is this a good time to buy? I'll answer you with a question - are you day trading or cheery picking?

    It has run pretty violently up without much base so a pullback is pretty likely...but the pull pack could be $48 to $44 :)

    suggestion? forget the day trade - many try and most get slaughtered (namely when playing the silver index). If you can afford and accept the long term risks (don't know any :p) then simply buy when you can...in 6-12 months you'll be amazed you even questioned this price. I look back on a few of my 'questions' and now slap my head and say 'DOH!'

    ...and welcome aboard...
     
    Ag, Aug 22, 2011
    #14

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