Stockmarket Caution

Discussion in 'Silver' started by SilverSale, Aug 10, 2016.

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  1. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    A word of warning for the current stockmarket.
    I would like to suggest that the stockmarket has completed another series of 5 smaller waves up.
    The short term question is whether the 5th wave is absolutely complete or if prices will continue to subdivide higher.
    We could ( I repeat COULD ) be in for a big drop from here.
    Happy trading.
     
    SilverSale, Aug 10, 2016
    #1
  2. Topherclaus

    Topherclaus Active Member

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    So what am I shorting you say? Haha.
     
    Topherclaus, Aug 10, 2016
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  3. trew

    trew Active Member Silver Stacker

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    Which one ? US or Aus ?
     
    trew, Aug 10, 2016
    #3
  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Stock market up
    Bond market up
    Both should trade in opposite directions.
     
    Clawhammer, Aug 10, 2016
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  5. Pirocco

    Pirocco Well-Known Member

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    A word of warning, for a could be - repeat could be - and a happy trading wish.

    Just like the previous topic...

    And the previous topic...

    SilverSale Stockmarket Spins in the Silver Section.

    SSSSS

    ZZZZZ zzzzzz .....
     
    Pirocco, Aug 10, 2016
    #5
  6. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    I primarily trade U.S. so most of my calls are based on that.

    So far so good... nice little tumble last night to start things off.
     
    SilverSale, Aug 10, 2016
    #6
  7. Pirocco

    Pirocco Well-Known Member

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    ...says the weathercock.
    A luck you aren't the one with the pistol at the Olympics lol.
    The runners would start hitting your face instead of their numbered blocks haha.
     
    Pirocco, Aug 11, 2016
    #7
  8. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    As per usual, I have no idea what you are talking about Pirocco.
     
    SilverSale, Aug 11, 2016
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  9. Pirocco

    Pirocco Well-Known Member

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    Your jest is as boring as your <SilverSale> it's going up.... ooooh <SilverSale> it's going down.... ooooh <SilverSale> it's going up..... <SilverSale> oooh it's going down. SilverSale.
     
    Pirocco, Aug 11, 2016
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  10. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    No skin in the game - just a warning.
     
    SilverSale, Aug 12, 2016
    #10
  11. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Possibly your most modest, honest and impressive thread (and post) yet SS.

    You don't always have to be right, but if you're straight up and don't carry on like a d1ck then you will get respect.
     
    BuggedOut, Aug 12, 2016
    #11
  12. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    I sit on the sideline often, nothing new :)
     
    SilverSale, Aug 12, 2016
    #12
  13. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Small drop again last night, but I believe we'll actually have a rise heading into next week... I suspect we've avoided any big drop (for now).
    An interesting time to watch the market should be around 26th/29th August.
     
    SilverSale, Aug 13, 2016
    #13
  14. Old Codger

    Old Codger Active Member Silver Stacker

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    SELL!

    ....and buy back about 3 years after SHTFD.

    OC
     
    Old Codger, Aug 13, 2016
    #14
  15. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    I'm shorting this current tumble in the stockmarket...
    What else do you do on a Friday evening?? lol
     
    SilverSale, Aug 19, 2016
    #15
  16. Abossy

    Abossy Active Member Silver Stacker

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    BBUS if you want a local aggressive option to short the US market. It's an etf bear fund share so better than option IMO which could expire worthless.
     
    Abossy, Aug 20, 2016
    #16
  17. Seedcoin

    Seedcoin Well-Known Member

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    I'm a stacker not a speculator, thru thrift and diligence I accumulate, gamblers squander and waste, remember it is the LOVE of money that is the root of all evil. God created gold and siver to be used as money, all this electronic and paper/plastic fiat money is mans attempt to circumvent gods laws, I'm talking Yahway, not that counterfeit from the desert.
     
    Seedcoin, Aug 20, 2016
    #17
  18. errol43

    errol43 New Member Silver Stacker

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    September/October are through history the danger months for big swings on Wall St. Remember the last one. just before the 2008 Presidential Election.

    Beware the Ides of October. :)

    Regards Errol 43
     
    errol43, Aug 20, 2016
    #18
  19. masmas

    masmas New Member

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    So the Silver price will be dropping in the next month ahead ?
     
    masmas, Aug 20, 2016
    #19
  20. warfield87

    warfield87 New Member

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    By right the price will drop significantly before the month of October. I'm surprised it broke the support level now. Anyone have any idea why it happened?
     
    warfield87, Aug 20, 2016
    #20
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