Spot is teasing me to buy..

tneig

Holiday things and money is sort of dedicated during this time. But I'll buy if the price gets a wee bit better.

The charts tease me, and I need a fix real bad, so I'll see what happens through tomorrow.
I mean hey, there was a dip for years holiday season!

Trying to keep the buying to my incoming money, but considering the jump in Cap Gains next year,
I may allocate some $$ to "take."

guitarwes

Go ahead and buy 21- 100oz Engelhards just so you can say you outdid SilverBaron. He's a beast!

Buy some now at 32.50, buy some more in 3 weeks at 31.50 and buy some more in 2 months at 36.50. Your average will be 33.50.

Pokermandude

I'm keeping my powder dry. I believe we will briefly see the high $20s again.

derryb

I'm expecting more year end selling as investors attempt to avoid capital gains tax increases next year. Sitting on a lot of silver paper ultra shorts since 33.70 looking for the right exit. Looking to buy a whole lot of ASEs with some collector coin profits when I feel the bottom is in. $50 uncirc AGEs were very good to me again this year.

DrBuster

Waiting on an 18mo contract extension to be finalized. If/when that happens I'll probably be pulling the trigger with the end/beginning of year dips.

bjeffv

I am thinking $27-29 per ounce around the end of the year. Then movement back up to $33 an ounce, and a range of 32-36 for the whole year of 2013.

Timbuk3

Still buying cautiously !!!

Spooly

Silver is getting sideways long on the chart.... needs to rally over the next couple of weeks and show some strength.

jpcienkus

<< <i>I'm expecting more year end selling as investors attempt to avoid capital gains tax increases next year. Sitting on a lot of silver paper ultra shorts since 33.70 looking for the right exit. Looking to buy a whole lot of ASEs with some collector coin profits when I feel the bottom is in. $50 uncirc AGEs were very good to me again this year. >>



There panicking out there, I can feel it. They want to buy their kid the GI Joe with the Kung Fu for Christmas.

Not an exact quote, but still a classic!

mariner67

"Sitting on a lot of silver paper ultra shorts since 33.70 looking for the right exit."

derryB...can you pinpoint/clearly state the "right exit" point for us please.
I know I am clueless.
Thanks.

MilesWaits

Here's one "exit" strategy as explained by Mr. Santelli for the market movers.For which it stands...or falls.

derryb

<< <i>"Sitting on a lot of silver paper ultra shorts since 33.70 looking for the right exit."

derryB...can you pinpoint/clearly state the "right exit" point for us please.
I know I am clueless.
Thanks. >>


when a reversal appears to stick then I'll go ultra long. No set number. Requires close monitoring. I'm playing volatility, not intermediate or long term projections.

Baley

<< <i>

<< <i>I'm expecting more year end selling as investors attempt to avoid capital gains tax increases next year. Sitting on a lot of silver paper ultra shorts since 33.70 looking for the right exit. Looking to buy a whole lot of ASEs with some collector coin profits when I feel the bottom is in. $50 uncirc AGEs were very good to me again this year. >>



There panicking out there, I can feel it. They want to buy their kid the GI Joe with the Kung Fu for Christmas.

Not an exact quote, but still a classic! >>



Welcome aboard jpcienkus, great 1st post!


Randolph Duke: Exactly why do you think the price of pork bellies is going to keep going down, William?

Billy Ray Valentine: Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.

Randolph Duke: [on the ticker machine, the price keeps dropping] He's right, Mortimer! My God, look at it!

percyb

Looks too me like we're going down for a while...30 looks close on the charts...27 looks like a possibility as well.