are you for real? not getting worked up either, I don't give a stuff as I have no money tied up in this but it's pretty obvious what caused a quick panic. I ain't the one grasping at straws, merely reality.
wrcmad, it's not worth your breath (or typing for that matter!) We need these type of people as cannon fodder
That would be impressive. Unfortunately, predicting press releases don't not make you wealthy (just ask permabulls like Baloney or More-gone) - correct price calls, however, put a shit eating grin on one's face.
I like a lot of stuff you write in the forum, it's level headed and from the most neutral point of view. But if I predict that the NYSE is going to tank, and then 2 weeks later a plane hits the World Trade Centre, it's got nothing to do with T/A or charting....
Yeah, wrcmad, I very rarely disagree with you but it's pretty obvious you're good mates or more with a certain member here. I have a hard time understanding your posts here tonight, kinda disappointing in a strange way lol
You are assuming that the press-release was the cause. This is the same mistake a lot of stackers that are holding physical longs make - they find a cause, and religiously hold on to it. But the market needs to be set for a rise or fall before news can move it. A perfect example of this is QE - resulting in PM price declines.... WTF???.... that's not what all the experts told us!?! Fact is, the PM market was not set for a rise at the time. You need to see that the press-release was only the trigger - the market was already primed for a fall, and any little two-bit storey could have triggered this fall. The T/A naysayers will clutch at this perceived coincidence with glee - for it means they weren't wrong, but reality is that when a market is setup like BTC was yesterday (and the day before,.... etc), anything could be the trigger. It is game of probability, and Silversale made the call with the most likely outcome - no matter how that was going to eventuate. This is how T/A works.
I have nothing to gain by backing Silversale tonight. Not mates, rarely correspond. Just can't let him be mauled by the crowd for an obviously good call. I was watching this setup too at the time, so I will give credit where it is due. That's all.
Seriously though, have to give Silversale credit for the amazing call. Especially in having such conviction in the chart to go short. Just wish it was accompanied with a little more humility Most of the chartists I know are such nice people
rightio mate, you're about the last person on this site i want to argue with so no more from me. T/A FTW people, look at what it can predict
Guys, silver is going down to a MINIMUM $14/$15... most likely lower. I don't know why I bother helping you guys, I guess I'm just a nice guy
Keep making up stories Baron... maybe one of the newbies who don't believe in T/A will believe U Brisbanecoin - I suspect bitcoin has quite a bit of drop left in it.
I don't want to argue either. I have seen this type of trade numerous times over 15years of profiting from T/A. I'll repeat it a different way... it's not about how it got there, probability is that price was going there one way or another. But if you flip your chart, it is what the permabulls have been predicting for years - and we all believe that? Only difference is, T/A got there in 3 weeks.
Don't give them too many secrets wrcmad... Baron still can't work out how I keep calling the market correctly
I don't own PMs, just a few numis. I have not had any confidence in them for a long time now, sold my last bit of bullion to your mate actually - funny that. Do not confuse me for a stacker, do not confuse me as someone who dismisses T/A. I'm far smarter than that, you just wouldn't know it because I don't publicly boast how amazing I really am.
Yep, when silver was approx $45 on the way up I said it was going higher!... and did exactly what I said it would Thanks for the reminder.
brisbanecoin - let's get this topic back on track... Bitstamp currently near US$600... I see it plummeting very shortly.
