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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (16846)4/6/2011 3:23:08 PM
From: ayn rand1 Recommendation  Read Replies (1) | Respond to of 219556
 
from a trading perspective profits are always good. from an investment perspective, you did bad. you very very bad man. (Seinfeld speak)
hey, a profit is always good, but for sure silver is going higher. maybe lower tomorrow, i dunno, but later higher, much higher, er, much much higher.

...........................

for the life of me i don't understand why anyone would trade silver. why not buy, don't sell, and look at profits later, next year, 2015, 2020? (if you are over 90 years old, different strategies may apply)

why try to be too clever and trade? why risk shooting yourself in the foot. just don't over allocate, don't use margin, and don't use your rent money.



To: rubbersoul who wrote (16846)4/6/2011 3:42:11 PM
From: GROUND ZERO™2 Recommendations  Read Replies (1) | Respond to of 219556
 
As they say, there's nothing wrong with taking a profit, it's certainly better than a loss, but the precious metals markets for me are a more longer term position trade, I don't want to trade in and out to shave a few points here and there, my model is long, so I plan to stay with the trade until I get a sell signal, and it may never appear, I haven't seen a sell signal in silver since some time in 2010... longer term, silver is going to triple digits and gold, well only God know where... I plan to hold and enjoy the ride as my hedge against the idiocy of ben zimbabwe and his clan of morons...

GZ