Stockmarket Caution

SilverSale

Well-Known Member
Silver Stacker
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.
 
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 .....
 
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 said:
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.
...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.
 
SilverSale said:
As per usual, I have no idea what you are talking about Pirocco.
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.
 
SilverSale said:
No skin in the game - just a warning.

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.
 
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.
 
I'm shorting this current tumble in the stockmarket...
What else do you do on a Friday evening?? lol
 
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.
 
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.
 
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
 
SilverSale said:
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.

So the Silver price will be dropping in the next month ahead ?
 
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?
 
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