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Silver Wheaton Corp. Message Board

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  • dnielsen50 dnielsen50 May 8, 2006 12:14 AM Flag

    I hate to be a bearer of bad news but

    Hey, don't shoot the messenger. I provide links to various points of view. The one you provided as being superior to the one I provided was wrong for the reasons (and many others) provided by another poster.

    Commercial traders are extremely intelligent otherwise they would be broke, or fired, very quickly.

    If you have been reading my posts you should know my position - which is whatever maskes money.

    I have been posting since post #50. Before that I was one of the early posters on the WHT board. Should silver go higher - well you don't care what I think or what my position is [don't much care] - but you should because I know what I'm doing and why.

    You don't know why the commercials could be long and short (name the number) at the same time. Clearly you don't know as much as you should or could.

    I do know why. I also know that while there may be a squeeze of some dumb shorts who use derivatives, options, futures and so forth, it will not be the major squeeze that is going to make you people rich. Though it will certainly make some of us a lot of money when and if it happens.

    You are long. That is good. Me too, though I have some $10 Sept. puts as protection and because it makes sense that there will be a pullback at some point along the way. Then too I have many $15 Dec. calls and several thousand SLW equities from the WHT/GG buyout. My cost for those at this point is $0.

    Many who are long will do well, though they really won't know why, nor should they. I will know why and because I use more exoctic vechicals than just equities it is essential I know exactly why and understand exactly what is going on, why, and what is likely to happen as a result.

    Good luck, you may not need it but others will because that is all they have given their modest understanding of how the systems work.

 
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