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 Replies: 3,438 / Views: 121,054 |
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Moderator
 United States
196835 Posts |
Quote:
Forget about beliefs Just stick to the math, the stats, the economics, and the charts, and it becomes a whole different ball game.   |
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Pillar of the Community
United States
1371 Posts |
Oh and most importantly.... Don't forget to watch the daily price action.. and this is the hardest thing to learn. And it frustrated me for year's. And it drove me nuts when CCF member Yup7676, the one that had the other popular silver thread, it drove me nuts when he would say "watch the price action". Because I didn't get it. But eventually I watched the screen long enough to get it. And I started to notice the patterns of when things like this quote below were about to happen. Quote:
So what you want to see for Monday is a continuation of today's price action. Monday seems like a long way from here.
The pitfall for Monday would be that today was nothing more than the metaphorical 'stretching of the rubber band' up to $61 followed by the inevitable 'retraction of the rubber band' back below $60 on Monday. So we didn't see continuation on Monday, we got the retraction below $60. It's not magic, not a crystal ball, just normal market price action or movement. Edited by Harry213
Yesterday 1:28 pm
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Moderator
United States
196835 Posts |
Low $59.36  |
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Pillar of the Community
United States
1371 Posts |
I got $59.22 as a prior pivot low from last week, could make a good rest stop (aka support). Next is $59 followed by $58.73
Edited by Harry213
Yesterday 2:01 pm
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Moderator
United States
196835 Posts |
Quote:
I got $59.22 as a prior pivot low from last week, could make a good rest stop (aka support). Next is $59 followed by $58.73  Low $59.13 |
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Pillar of the Community
United States
1371 Posts |
Quote:Low $59.13 |
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Moderator
United States
196835 Posts |
Well, that might be it for the day. Time for the night crew to come in and make a mess.  |
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Moderator
United States
196835 Posts |
Looks like the night crew brought us down into the ~$58 zone.  Low $58.55  |
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Pillar of the Community
United States
1371 Posts |
Quote:Looks like the night crew brought us down into the ~$58 zone. Low $58.55 Might want to check again it's down to $57 Did I forget to mention this week was the inflation numbers report? Maybe I did. But I did say it would get exciting soon, so I guess that's what I meant... Inflation worst = bad news for interest rates = bad news for metal's... The End... Edited by Harry213
Today 3H 50M ago
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Moderator
United States
196835 Posts |
Low $56.76! |
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Pillar of the Community
United States
6888 Posts |
I believe I asked a while back if silver would hit $50 (again) |
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Pillar of the Community
United States
1371 Posts |
Quote:I believe I asked a while back if silver would hit $50 (again) You and about 2 Dozen other people lurking on this forum. Been saying it since about February I believe. Reminds me of that popular skeleton meme "still waiting"....  Edited by Harry213
Today 2H 3M ago
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Moderator
United States
196835 Posts |
Low $56.27 |
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Pillar of the Community
United States
1371 Posts |
This is going to be funny to watch, but it's not really going to be funny to watch. Because it's just people not understanding what's going on in the short term, and how it will end. And so they don't know what to do next or what's going to happen next. It's just repeating numbers on a screen without a meaning. You're going to see people  out, and you're also going to see people  celebrating, and both are going to be  wrong from one day to the next. I just wish I could trade against them and not the market. The market fools everyone. I would offer up some "previews" of what's coming up next but I think it be better if I just take the stale bag of Pop Corn up into the bleachers and enjoy the upcoming show. Edited by Harry213
Today 39M ago
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Moderator
United States
196835 Posts |
Quote:
I just wish I could trade against them and not the market. The market fools everyone.  Quote:
I think it be better if I just take the stale bag of Pop Corn up into the bleachers and enjoy the upcoming show. Low $55.84 |
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Replies: 3,438 / Views: 121,054 |
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Posted Yesterday 11:53 am
