Midnight to 6am - Overnight Spot Watchers Spot...

Discussion in 'Silver' started by Turk, Mar 31, 2011.

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  1. Turk

    Turk Active Member

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    cue music... "I'm Free Fallin' ...."

    [​IMG]



    Gotta love the ride over the past week!

    And here's something to condsider:

    1. Person who looked at the spot price only last Monday and today: :) :)

    2. Person who looked at the spot price EVERY day for the last week: :) :) :D :D :D :lol: :eek:


    Spot USD D$ 40.21 - and holding
     
    Turk, Apr 11, 2011
    #121
  2. Guest

    Guest Guest

    I gave up watching spot constantly some time back.

    It's like a thrilling roller coaster ride. When you first get on it, it's exciting and you want to get on again and again and again.

    But after you've done it a few hundred times, it's boring and you want to go to sleep.

    I look at spot only when I read SS and it's a passing glance at that.

    I know the fundamentals. I know where silver will be long term. So I cease to worry about the short term moves.
     
    Guest, Apr 11, 2011
    #122
  3. renovator

    renovator Well-Known Member

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    yep im the same aus sometimes i just read the posts i look at the charts if i remember i think once a week is plenty but you cant help but know with all the price threads
     
    renovator, Apr 11, 2011
    #123
  4. Ag47

    Ag47 Active Member Silver Stacker

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    Ag47, Apr 12, 2011
    #124
  5. Peter

    Peter Well-Known Member

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    I feel the complete opposite way.
    The important thing is its price in AUD unless your in America.
     
    Peter, Apr 12, 2011
    #125
  6. renovator

    renovator Well-Known Member

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    +1
     
    renovator, Apr 12, 2011
    #126
  7. Skyblues

    Skyblues Member

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    lol, nice one...hang in there Ag, paycheck is coming :) as well as car rego :rolleyes:, big food shopping weekend :eek:, rent :|...
     
    Skyblues, Apr 12, 2011
    #127
  8. Maggie

    Maggie New Member Silver Stacker

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    $39.93
     
    Maggie, Apr 12, 2011
    #128
  9. Skyblues

    Skyblues Member

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    Yes the expected major correction has arrived, $39.89, wasnt expecting it to break the $40 mark back this quickly though...
     
    Skyblues, Apr 12, 2011
    #129
  10. Turk

    Turk Active Member

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    We'll *probably* see some further price erosion tonight. It's still a sitting duck at this price because the moving average has only been moved slightly owing to the speed of the recent run up.

    I'm expecting it to retrace to around USD $38 and recover slowly - but frankly - right now, NOTHING would surprise me!

    (Except a collapse, newbies! It won't collapse! Don't panic! This is just the usual fun that comes for free with silver investing.
    If you want stability in your investments can I suggest Aluminium? On a volatile day the chart line disappears into the horizontal price line!)

    (C_Heath : That's Aluminum to you!) ;)

    Edit: USD $40.05
     
    Turk, Apr 12, 2011
    #130
  11. Skyblues

    Skyblues Member

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    Strip club poles are as stable of an investment :eek:, what do you think FED is buying with all the money they are making off of the world --> silver strip club poles :cool:...
     
    Skyblues, Apr 12, 2011
    #131
  12. Maggie

    Maggie New Member Silver Stacker

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    Casino's
     
    Maggie, Apr 12, 2011
    #132
  13. Turk

    Turk Active Member

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    Good idea Hotel 46,

    I'll be very interested to see the a.m. chart too.

    Five minutes until NY Comex opens now.

    The current price jiggles suggests ome shorts are scurrying to cover. The rats are abandoning the unsinkable ship!

    These price moves must be driving Ms BM bananas! At this price level, a one cent silver price move costs her USD $60 M. Ouch to that!

    SPOT USD $40.50
     
    Turk, Apr 12, 2011
    #133
  14. Fe Mike

    Fe Mike New Member Silver Stacker

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    The Tuesday night dip. Happens every freakin week.
     
    Fe Mike, Apr 12, 2011
    #134
  15. bgtrader

    bgtrader New Member

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    usd just had a mild stroke, the index just saw a new 1 year low. Ouch. The spike in silver and gold in usd is more reflective of the weak fiat not necessary trades on silver.
     
    bgtrader, Apr 12, 2011
    #135
  16. bgtrader

    bgtrader New Member

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    we could be seeing 2008 numbers tonight on the usd index.
     
    bgtrader, Apr 12, 2011
    #136
  17. errol43

    errol43 New Member Silver Stacker

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    What the hell is wrong with my computer clock. Current reading 00.19. Checked kitchen clock OK. You fellows are about 30 mins in front.

    Regards Errol43

    Look at the time it came up 1.21.06
     
    errol43, Apr 12, 2011
    #137
  18. errol43

    errol43 New Member Silver Stacker

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    Looks like it's making a comeback.. It's up and down like a toilet seat.

    I'm tipping a $40.60USD overnight but what do I Know.

    We don't make silver and we don't make gold we make money moving silver around.

    Regards Errol43
     
    errol43, Apr 12, 2011
    #138
  19. Skyblues

    Skyblues Member

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    Erol do you mean you are making a 40.60 call, at what volume? It feels like a bust overnight...
     
    Skyblues, Apr 12, 2011
    #139
  20. errol43

    errol43 New Member Silver Stacker

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    Havn't you got up yet nightstackers. No excitement hey unless the market is going up. Tipping $40.60 again. Will have to be right one night.

    Regards Errol43
     
    errol43, Apr 13, 2011
    #140
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