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Silver Wheaton Corp. Message Board

  • jjkg1 jjkg1 Jan 11, 2010 8:36 PM Flag

    THERE IS A REALLY BIG MARKET CORRECTION

    Coming very soon.this whole market is a bubble pumped up by big wallstreet money.they will suck in as many as they can and then dump everything leaving all the little guys holding the bag.don't buy into this market hold your cash or put in gold or silver not stocks.there is nothing to support this market but hot air.

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    • I don't think there is anyone out (in their right mind) who will disagree with you. That's exactly WHY it ain't going to happen! At least not now! It is so frustrating for sure, even for the really big boys with high powered input and information.

      The higher Mr. Market goes, and the longer it hangs together, the bigger the drop when it happens. But, you can be sure no one is going to ring a bell at the top.

      Old adage..DON'T FIGHT THE FED! ESPECIALLY WHEN THEY ARE GIVING AWAY MONEY! COME AND GET IT AT ZERO PERCENT. PAY IT BACK WHEN YOU CAN. A RISK TAKER'S DREAM. THE STOCK MARKET IS A RISK TAKER'S GAME.

      The bastards can hold it together longer than you might imagine..through a nasty year of terrible to poor to worse economic news and dismal earnings, high unemployment, huge debt financing and debt service, negative trade, a weakening diluted dollar, a diminished upside down indebted consumer, shaky commercial real estate, lower house prices, two war and counting, higher oil prices, higher commodities, higher CPI, lower exports, etc etc..not to mention the banks and the states are broke.(n) (I'm tired already just thinking it)

      Buy 'em! All the bad news is out! (hell, if I know it..everyone must)..It must be all factored in already..
      Where are the surprises? Where coming from?

      What is the catalyst going to be to start the avalanche, the selling? What event is going to have to happen to get the fish to change direction and swim the other way? A freaking tsunami? "The answer my friends is blowin' in the wind; the answer is blowing in the wind." Bobbie Zimmerman aka Bob Dylan

      I don't know, but guess what, we'll find out when we least expect it. Watch the sharks. They have been around the longest..they are the cleverest ones.

      • 2 Replies to wmjaronson
      • Next leg down will happen when Bankers decide to take the market lower and who knows when that will be? Bernanke might have an idea but he's not saying ;) Goldman Sachs boys probably have an idea but they're not talking either. But that rising wedge on DOW weekly chart is of a concern. TSX doesn't look much better either. If Bernanke barks out any sound of raising interest rates the whole thing may go to a free fall especially if there isn't any growth in the job market. For now I'm sticking with hedged call options going forward but today's PM market action sure didn't look good either and hopefully it's only because it's option expiry week.

      • "a nasty year of terrible to poor to worse economic news and dismal earnings, high unemployment, huge debt financing and debt service, negative trade, a weakening diluted dollar, a diminished upside down indebted consumer, shaky commercial real estate, lower house prices, two war and counting, higher oil prices, higher commodities, higher CPI, lower exports, etc etc..not to mention the banks and the states are broke.."

        Yeah, what he said. (whew)

        LOL

        GOLD AND SILVER RELATED ASSETS ONLY

    • thanks for the heads up. ill set my stop loss apropriately.

 
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