Anybody else waiting for silver to dip?

Katy_from_Pennsylvania said:
Silver going sideways is not a good thing for the bulls, I don't think.

Anyone know what levels technically would signal a breakdown...or a break out?
Click to expand...

I've got short <$33.00 for a drop to $26.00.

Long >$34.50, but a lot of resistance to push through between $35.00 and $35.70, then another strong resistance area around $37.00.

thatguy said:
Silver graph is looking a tad sick, take down imminent triple bottom @$26?
Click to expand...

Yep, $26.00 looks very possible. Below $26.00 who knows what will happen.
 
reverse head and shoulders will move down then up rapidly $40 in three weeks
 
Wonderful, it's starting to go down right after I put in an order for a tube of Meese (multiple Moose coins) :(
 
I'm expecting 2 more smackdowns before end of Sept 2012 to $26-27.50 range - likely on public holidays/long weekends and/or distracted by military action against Iran / the 'liberation' of Syria. :D
 
wrcmad said:
Katy_from_Pennsylvania said:
Silver going sideways is not a good thing for the bulls, I don't think.

Anyone know what levels technically would signal a breakdown...or a break out?
Click to expand...

I've got short <$33.00 for a drop to $26.00.

Long >$34.50, but a lot of resistance to push through between $35.00 and $35.70, then another strong resistance area around $37.00.

thatguy said:
Silver graph is looking a tad sick, take down imminent triple bottom @$26?
Click to expand...

Yep, $26.00 looks very possible. Below $26.00 who knows what will happen.
Click to expand...

Mate - Keep a keen eye on my Twitter feed - there was one article by BrotherJohnF on SilverisMoney yesterday which detailed all the various long/short positions outstanding currently - that shows where sentiment lies moving into Q3 & Q4 2012...

:D
 
VRS said:
wrcmad said:
Katy_from_Pennsylvania said:
Silver going sideways is not a good thing for the bulls, I don't think.

Anyone know what levels technically would signal a breakdown...or a break out?
Click to expand...

I've got short <$33.00 for a drop to $26.00.

Long >$34.50, but a lot of resistance to push through between $35.00 and $35.70, then another strong resistance area around $37.00.

thatguy said:
Silver graph is looking a tad sick, take down imminent triple bottom @$26?
Click to expand...

Yep, $26.00 looks very possible. Below $26.00 who knows what will happen.
Click to expand...

Mate - Keep a keen eye on my Twitter feed - there was one article by BrotherJohnF on SilverisMoney yesterday which detailed all the various long/short positions outstanding currently - that shows where sentiment lies moving into Q3 & Q4 2012...

:D
Click to expand...
link? pls
 
Recalcitrant said:
I'm waiting for silver to go as high as possible very soon ,another dip and I'm screwed .
Click to expand...

Why are you screwed? I have plenty of silver I bought at higher prices than what it currently is. I will only be screwed
if I sell for way under these purchase prices. I don't intend doing this, nor should anyone else buying silver today. It is
undervalued and unrecognized. Buy, Hold and Profit. :cool:
 
Nicely Put. I do like the small dips...as I buy a bit and save a few $/oz, but I am in it for the long run...well semi-long run. People always ask me: "What are you going to do when silver tanks?" my reply is go and buy some more.... as it cannot stay down for long and will be back higher than ever.
 
Dirtbikepilot said:
Recalcitrant said:
I'm waiting for silver to go as high as possible very soon ,another dip and I'm screwed .
Click to expand...

Why are you screwed? I have plenty of silver I bought at higher prices than what it currently is. I will only be screwed
if I sell for way under these purchase prices. I don't intend doing this, nor should anyone else buying silver today. It is
undervalued and unrecognized. Buy, Hold and Profit. :cool:
Click to expand...

Thats the thing I may soon be forced to sell at these prices due to unforseen circumstances, I'm running out of options . I want to hold as long as possible obviously and would love the ability to buy low now to reduce cost price average .
 
The price has been floating in the mid-33s for a while now, so I'm taking a break from trading. @_@
 
You must log in or register to reply here.
Back
Top