$ Silver $

posts like the one above (not Ivan) are not even entertaining, the trouble with kids' mentality like the one above, is that they don't understand how stupid their posts sound to adults. Now if that person is an adult...
 
the market was sloppy at times overnight

the bid -ask was sometimes as much as 3-4 cents
wide ...

could be a short term top ... but really the risk
reward ... is getting a bit too much for my P+L
at these levels and whipping around

maybe its time for me to sell some of my

40 % and 90 % silver coins

:p
 
Quote from Ivanovich:

The punch line is in the movement of spot :) Which now looks like it's gonna break 11.50. I should have remained in. :(
More...

Look, do you use TAs or you simply want to ride it? You've done the right thing by getting out now, if your TAs suggest that there is more scope for the upwards movement, then perhaps open another position, but I urge you to be cautious at these levels, the sellers are still there, they haven't left apart from 1, they won't go without a fight.
 
I use TAs of course, but from the little amount of time I've played Silver, it doesn't seem to behave anything like the technicals of FOREX. So I'm gun shy, that's all. I keep saying to myself "It's gotta retrace a bit!" But then I remember "The market can remain irrational far longer than investors can remain solvent."

Incidently, right now I see it as highly overbought. Which scares me from getting back in.
 
Don't sweat it, unless you were long at $6 you have to stay sharp and take it when you can get it. I bet in a few weeks you'll look back at your sale and be quite relieved :)
 
I'll be happy with a nice attractice buy point. Too expensive at this level. risk/reward and all that.

would be nice to see a nice pullback to the 10.75 range to reset again, but I think the chance of that happening is the about the same as me growing a third testicle.
 
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