Not too sure what to think to of the US indexes at the moment, probably best to sit on the sidelines and let the smarter people figure it out this week. Some brexit doom would be entertaining though.
Likely: reversed my position just in time to make mad cash. Unlikely: I broke even, my awesomness is still intact. Impossible: I can't always be right.
I am pretty sure SilverSale would have switched positions JUST BEFORE the rise. What you think? From reading SS's posts this is what i am expecting to hear.
2040 and 2024 on CFDs were important levels. Think its time to get long popcorn, can only see upside from here
Kinda stating the obvious here, it doesn't look too good for the bulls :lol: We closed below what I think are some important lows 2020 or 2022 on the s&p futures contract and the equivalent on nasdaq and dow. A decent sell off looks likely.
back up to 2040, this price action looks like a classic suckers rally and should provide a good opportunity to sell into soon Will be looking for something like this to play out
Agree. You'd have to be nuts to be long right now. But being short is also risky with a high likelihood of intervention by central banks on any sell off. It might be difficult to pick the tops and bottoms.
Kudos and good luck aleks. I think you are vulnerable to central bank intervention, but if you don't get shafted by stimulus announcement then I think it's a good play.
The last US$18 silver short worked nicely... Taken another short today at near enough to US$21 silver. Big drops ahead for silver - Baron will lose his shirt once again
