We're going into bear market starting as of now it is apparent by the performance of the index going sideways now and eventually down so hold on to ur shorts till QE2 ends and then u'll see the big profits coming. USA has to slash the prices of commodities to reduce the weigh on the economy so FED is going to be on our side from now on!!! 10% up today and 10% down tomorrow is all games down the road they're ALL going to be down and lower so be patient AND DO NOT SELL!
You got to be kidding me! all the good stocks are coiled for a massive upsurge. Lopok for an amazing day in the marketys tommorrow. You people are nuts if you think that way. This thing will be selling off like Bermuda shorts on the coldest day in Alaska
Timing is everything...1hr Silver chart isn't looking too good..giving up earlier gains.Futures are headed down.I think the only crash were going to see is commodities.Gas is killing My business..I'll be happy to see 2.75 again.This is a good thing!Hey I can make cash on both sides of the trade.And if I make some money it means I pay some taxes....Soooo the Gov needs cash!"Bubble Tax"They want this...enjoy the ride..
I'm not into catching falling knives.
greed the easiest way to manipulate people. you give them a finger they take the bait, and in the process seal their doom. Falling for this attempt of manipulation will rob you of all you paper gains. but who am I to stop you. you consciousness wont. By all means, buy all the zsl you can.
For those of you wild maniacs that hold ZSL throughout the night despite the risks; here is some great news:
Silver is falling like a hot potato on the other side of the globe tonight. It really is the weakest link of all the commodities.
I'm going to "average down" for the short term, as I think silver's going to be a "false positive" for the next week or two. 60 days out we'll be looking at ZSL in the $30 range. By end of year, I fully expect it to be in the $75 area. Silver, ultimately, may drop below $10 again-assuming gold gets down to around $500. Here's one who's hoping it happens!
ZSL to 30 is a reasonable projection, but to 75 by year's end next to impossible.
This implies SLV will be in single digits close to 3.
SLV still in correction mode, although today was a good dead-cat bounce. Will be surprised to see a repeat the next 2 days.