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  • #12,321
  • Oct 20, 2011 12:26pm Oct 20, 2011 12:26pm
Quoting forexfacts
I value your comments,.......
Appreciate that because some don't like even a mere mention of price going down.
  • #12,322
  • Oct 20, 2011 12:53pm Oct 20, 2011 12:53pm
Quoting SunTrader
Appreciate that because some don't like even a mere mention of price going down.
I have seen you seniors who like admiring you that you are gr8.but never mind the person who is admiring will never trade but to kill the time. you all will only appreciate those kind of people.That is why i am out of this forum.nothing going to change if i am in or out. But you should realize that that most senior people are out from this forum.This forum nowadays seems like social.
  • #12,323
  • Oct 20, 2011 1:03pm Oct 20, 2011 1:03pm
Quoting ngr
I have seen you seniors who like admiring you that ..........
So instead of thanking someone who has some common sense I should be calling out trades for the 95 percenters? Is that what you are suggesting.

I'm borrowing that line from the idiots in the sleeping bags down on Wall Street, the so-called 99 percenters.

Ever since FF came out with the vouch system it just became a target for those who haven't "put in the time".

If you look back a decent amount of the posts I make I include a chart but the decision is for you or anyone else to make so. Sorry I don't make calls.
  • #12,324
  • Oct 20, 2011 1:26pm Oct 20, 2011 1:26pm
Guyz what are you expecting from here any charts anyone ?
  • #12,325
  • Oct 20, 2011 1:32pm Oct 20, 2011 1:32pm
well, iam out of my long position scalp for + 6 pips. lasted several hours and nothing much was happening.....

me thinks there could be a rebound to the upside...

looking for a long entry if charts tally up.
  • #12,326
  • Oct 20, 2011 1:35pm Oct 20, 2011 1:35pm
Many called protestors in the 1960s idiots, too.

Time will tell whether these folks are wasting their time, but progressives need to remain enthusiastic and hopeful despite the negativity from the naysayers. Some don't seem to mind corruption.

Bailouts for bankers and austerity for everyone else won't fly.

Now in terms of people who think the trajectory we are headed along is essential for continued innovation make me wonder. In fact, those pretending that bankers and CEOs are at the heart of all industrial innovation and that everyone else should say thank you for minimum wage jobs while getting shanked are pathetic schmucks.

Labour rights, women's rights, and racial equality rights movements have all made significant impact on the world. This may not be a successful movement, but people are not idiots for expressing themselves democratically when they feel they have been failed by their elected representatives.

Idiots? People who watch Jersey Shore and work at MacDonald's without thinking twice are idiots. The kids who are worried about enormous debt-load for services that will be cut before they get to use them- not idiots.
  • #12,327
  • Oct 20, 2011 1:40pm Oct 20, 2011 1:40pm
me long at 1617....

although this one could go either way. i entered a bit early, before my charts lined up..

...this might come to haunt me, BUT iam expecting an up move.

just a hunch really.
  • #12,328
  • Oct 20, 2011 1:41pm Oct 20, 2011 1:41pm
Quoting Wheels
Many called protestors in the 1960s idiots, too.

Time will tell whether these folks are wasting their time, but progressives need to remain enthusiastic and hopeful despite the negativity from the naysayers. Some don't seem to mind corruption.

Bailouts for bankers and austerity for everyone else won't fly.

Now in terms of people who think the trajectory we are headed along is essential for continued innovation make me wonder. In fact, those pretending that bankers and CEOs are at the heart of all industrial innovation and that everyone...
Here here....
  • #12,329
  • Oct 20, 2011 1:42pm Oct 20, 2011 1:42pm
Quoting ngr
I have seen you seniors who like admiring you that you are gr8.but never mind the person who is admiring will never trade but to kill the time. you all will only appreciate those kind of people.That is why i am out of this forum.nothing going to change if i am in or out. But you should realize that that most senior people are out from this forum.This forum nowadays seems like social.
  • #12,330
  • Oct 20, 2011 2:07pm Oct 20, 2011 2:07pm
Quoting ssaqeel
Guys,

i bought gold at 1641,1630 last night eastern time but since then it has gone down , was it a bad decision to buy these based on current PA?
i would say so....but as long as you have the equity to ride it out....you might be ok.

With some luck it will turn around at 1600.....if it has not started turning bullish already....cross your fingers....but be careful of the chinese finger trap
Life's a bitch....so be a dog and cover it!
  • #12,331
  • Oct 20, 2011 2:10pm Oct 20, 2011 2:10pm
Quoting forexfacts
dogbreath, man thanks for the thumbs up, but please keep watching, we are going through a tough phase, gold has to shoot, it has to go touch 2000, but before that it has to come down, how much i don't know, that is why i ask you to follow gold's behaviour.

I, as an outsider (not in daily trading) who wants to invest, see gold at 1400, but it maybe my desire only, because Indian demand in the real world is tremendous, it is the need of sub-continent (India, Pakistan, Bangladesh etc) right now, people make gold jewellery for marriages [b]no matter...
Indians are smart to be buying physical gold n silver....is that you n your wife?
Life's a bitch....so be a dog and cover it!
  • #12,332
  • Oct 20, 2011 2:15pm Oct 20, 2011 2:15pm
Quoting Wheels
I'm young enough that I will be holding on to my physical silver.

Even if the nominal price falls, I will be able to use it for a business venture fabricating something down the road.

It's so curious that analysts argue silver's price should not rise because investors are not clear whether it is an industrial or investment asset.

Seems that versatility ought to work in silver's favour.

Here is a question:

Does anyone know whether silver's scarcity forecasted by the USGS is a pile of manure or whether this report is true?

I decided to...
Physical silver is the best thing to own in my humble opinion.
historically gold is about 16x the price of silver...right now it is 45x....so either gold is overpriced or silver in under priced...I believe the latter.....its real price inflation adjusted should be about $150 and ounce right now.
with all the money they are pumping into the central banks....gold and silver can ultimately will go up....because the dollar is being devalued.
Life's a bitch....so be a dog and cover it!
  • #12,333
  • Oct 20, 2011 2:17pm Oct 20, 2011 2:17pm
Quoting dogbreath
Indians are smart to be buying physical gold n silver....is that you n your wife?

If that was me and my wife than i wouldn't be waiting for 1400, lol man, i have about $10k to invest, that guy must have a 20 - 30k watch on his wrist
  • #12,334
  • Oct 20, 2011 2:18pm Oct 20, 2011 2:18pm
Quoting khan101
Gold is currently somewhat holding exactly on its 150 day SMA. lets see
yup was watching that too...it also hit the 30ema on the daily chart...which also seems to be a trend it likes.
Life's a bitch....so be a dog and cover it!
  • #12,335
  • Oct 20, 2011 2:20pm Oct 20, 2011 2:20pm
Quoting ddinnov
I read this article this morning which might have some relevence:

http://www.bloomberg.com/news/2011-1...mmodities.html

dont believe anything morgan stanely says....in fact it is normally double speak...the exact opposite....they are one of the big market manipulators. (for their own benefit)
Life's a bitch....so be a dog and cover it!
  • #12,336
  • Oct 20, 2011 2:23pm Oct 20, 2011 2:23pm
Quoting forexfacts
If that was me and my wife than i wouldn't be waiting for 1400, lol man, i have about $10k to invest, that guy must have a 20 - 30k watch on his wrist
hehehe
Life's a bitch....so be a dog and cover it!
  • #12,337
  • Oct 20, 2011 2:25pm Oct 20, 2011 2:25pm
Quoting dogbreath
yup was watching that too...it also hit the 30ema on the daily chart...which also seems to be a trend it likes.
Yup bro it touched the 30 EMA and 25 SMA both at the same time before falling. with so many averages i just really get confuse what to use n what not to .

What are you guyz using if any ?
  • #12,338
  • Oct 20, 2011 2:32pm Oct 20, 2011 2:32pm
Quoting dogbreath
Physical silver is the best thing to own in my humble opinion.
historically gold is about 16x the price of silver...right now it is 45x....so either gold is overpriced or silver in under priced...I believe the latter.....its real price inflation adjusted should be about $150 and ounce right now.
with all the money they are pumping into the central banks....gold and silver can ultimately will go up....because the dollar is being devalued.
Historically, when there was no paper money (not the 1800s) silver was about 1/7th of gold's value.
  • #12,339
  • Oct 20, 2011 2:33pm Oct 20, 2011 2:33pm
I still believe 1550 should atleast be touched .
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  • #12,340
  • Oct 20, 2011 2:47pm Oct 20, 2011 2:47pm
Quoting khan101
Yup bro it touched the 30 EMA and 25 SMA both at the same time before falling. with so many averages i just really get confuse what to use n what not to .

What are you guyz using if any ?
Longterm--- 200 MDA for me
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