Showing posts with label drop. Show all posts
Showing posts with label drop. Show all posts
Saturday, March 14, 2015
Wednesday, August 13, 2014
Thursday, April 11, 2013
Monday, April 11, 2011
Drop In Silver Attributed To $1 Million 37% Downside Bet On SLV
http://www.zerohedge.com/article/drop-silver-attributed-1-million-37-downside-bet-slv
My sentiments on this? Who knows, and who cares. Nothing moves up or down in a straight line. You ride a bull market as long as the fundamentals are intact, and don't get shaken off by the bull. You use technical analysis and chart patterns to optimize your entry points, and perhaps partial exits for trading. But you don't sell your core position in a secular bull market.
Bears were declaring silver was a bubble at $15. They're the same geniuses who missed the bubbles in internet stocks and Vegas real estate. So until the debasement of the USDollar ends, BTFD (buy the friggin' dip) in precious metals. Where's the popcorn?
See disclaimers in the side bar.
Disclosure: long precious metals mining shares. As for the physical precious metals, none of your business.
My sentiments on this? Who knows, and who cares. Nothing moves up or down in a straight line. You ride a bull market as long as the fundamentals are intact, and don't get shaken off by the bull. You use technical analysis and chart patterns to optimize your entry points, and perhaps partial exits for trading. But you don't sell your core position in a secular bull market.
Bears were declaring silver was a bubble at $15. They're the same geniuses who missed the bubbles in internet stocks and Vegas real estate. So until the debasement of the USDollar ends, BTFD (buy the friggin' dip) in precious metals. Where's the popcorn?
See disclaimers in the side bar.
Disclosure: long precious metals mining shares. As for the physical precious metals, none of your business.
Labels:
drop,
put options,
silver,
SLV
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