I'm loving me some silver, I'd like to see a few more things line up, but nevertheless, here is my current perspective.
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I'm loving me some silver, I'd like to see a few more things line up, but nevertheless, here is my current perspective.
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Candlestick crack addict...
Nice chart, JTH. Is that the paid version of Stockcharts you're using?
No, I'm too cheap, and it's not too often I get to watch the markets in real time anyways. I'll usually cut and past the chart in old school MS Paint and work on it in there. It's really simple yet somehow relaxing.
http://stockcharts.com/h-sc/ui?s=SLV...d=p20550383138
Candlestick crack addict...
Candlestick crack addict...
I just listened to Ira. He thinks silver is still bullish, but is a non-trade at the moment.
http://iraepstein.linngroup.com/vide...ls-report.html
-- Tom | My Trades
I am now wishing I sold all of my AGQ (ultra silver). I sold half near the open because I was not sure what was happening with it (opened up 5% when silver was flat). It eventaully corrected.
I wonder if this is a possible day trade strategy - fade the move of ultra ETF's when they do not move with the main ETF. I'm not sure how often it happens, or if it ever happens to the larger ETFs like SSO or SDS, but apparently it does happen to some.
-- Tom | My Trades
I need a opinion.
One dollar index chart, does it look toppy and unable to break out?
http://stockcharts.com/h-sc/ui?s=$US...d=p51972347693
Two, silver chart, bouncing off of 50 day moving average?
http://stockcharts.com/h-sc/ui?s=SLV...d=p51972347693
http://stockcharts.com/h-sc/ui?s=AGQ...d=p51972347693
It looks likes silver (SLV) is a play as long as it can stay above the March low (12.26). The dollar is baffling me and appears to be the cause of why silver, gold, oil, copper, etc., are not flying yet. I say the dollar looks toppy, but I have been saying that for a couple of month now.
-- Tom | My Trades