That minus all thgis hocus pocus of charts, tea leaves, rubber bands, and Fiber optics essentially the big boys still decide where a stock will go? Down. up. it's when they decide to let things move that it will and under any circumstance. Japan was in a middle of an earthquake at 8am and silver was continuing to plunge. At 1145, Japan still had an earthquake and it's OK to buy silver again. It's under their control. At 1:30PM, they may decide to take the elevator down again.
So the Big Guys used this calamity as a cover for their manipulations ?
Or are there masses of lemmings that collectively could cause the move ?
I know silver was/is their little rarefied domain and is subject to manipulation but I can't believe they alone have that power.
Completely agree with post. Everyone here can say the charts say this or that or even read the same charts and get differing opinions. Too the moon or silver will be $50 next week is BS. The big boys and big buyers decide. We are at their whim. I especially love the nonsense about how JPM is losing Billions because they don't know what they are doing... sure they don't..... Everyone here has it right and they have it wrong? Okay, that right, the retail investor is always more aware because they can read stories on the web....
which is why you need to udnerstand all of you are trading a BUBBLE..same with gold
they are just precious metals and have a boom bust history, much more than stocks
most of you are juding gold and silver for 10 year history..well they did nothing for generations before that and BURNED people.
I disagree with every person that uses the "bubble" word. It's a cool term people apply to something that they can't understand why it's gone up. When yuo understand the technicals, the uses, the supply, the reason why it was surpressed in the first place, you may not use the term "bubble, but perhaps "correction".
If I had the means to control anything and I decided it to be lobster at $3 and and could control it because I had the means & money, that would be the value you would believe it to be. Manipulation of the mind...IMO
So then the question becomes...why not take my gains off the table and wait for the next dip. Then I say, but yea I know Silver is where the action's at, so screw the extra point, stay long and strong. But then they take it down again out of nowhere and I go "Depeche, isn't this the 15th time you've seen this". As you can tell, I talk to myself a lot....ooooh look at the cute bird in the tree.
wow guys babies women , men floating down muddy rivers into the ocean and not one of you saying how sorry you are Im aghast at the apathy Im a humanitarian and Im waiting for a call back on how we can help This is a catastrophe Personally I feel silver was due for a bounce but isnt my prime force for living I feel sad for some of you
If you can plot the ups and downs, and ruler straight lines lows and highs, you can day or swing trade. Just plunk Bollinger Bands over the chart and simple moving average, and find the bounce and trounce and make bets.
You actually have the experience, you just need the tools.
I just ride along with the big boys.......
re entered today, lucky
and I agree with the tea leaves theory......just over bought and over sold matters to me. When pumpers start calling for $100 silver it's time to get worried, same with bashers calling for $10 silver time to pay close attention