Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 670.21

-1.1%

Nov 6 4:00 PM EST

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To: GROUND ZERO™ who wrote (49747)	5/7/2013 9:10:18 AM
From: Machaon	1 Recommendation Read Replies (1) of 218515

The timing was perfect, the metals are lower this morning... LOL!!! We need an APP that will show the market's movements, for the next day, one day, or more, earlier. But, you have your wish, silver is lower this morning... Reminds me of the old say: "Be careful what you wish for....." For me, it's stressful, because I prefer profits over "paper" losses, but averaging down on a safe, but volatile ETF is an acceptable way for me to eventually make some dough. Plus...... I invest feeling very strongly that we are gambling on a largely rigged, partially random, partially economically driven stock market. One way that the big boys make their money is to drive weaker hands off of their shares. I really believe this. So...... I go along for the ride and grit my teeth! buying was probably a mistake "Never look back....." but it's such a minimal position, I could just sit with it and if it drops significantly from here I could then add another minimal bit... Well...... we are in the same leaky boat! :) Where to next? Wait 5-15 minutes past the open to buy another minimal piece, at a possible over-dip? Or... wait and see if PMs will dip further during the day? I think that I will buy another piece within the first 15 minutes. If we were closer to $22 on SLV I would pick up a double piece. And then hope that it goes further down!

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