SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: Valuepro who wrote (53870)8/2/2016 10:04:47 PM
From: SwampDogg  Read Replies (2) | Respond to of 60899
 
Too frothy
fact is that the PMs have really not done much in the past weeks
Volume is declining
$1425 remains the target and then we are likely to get a real smack

Looking to buy some puts on some silver miners into Sept

was impossible to find a bull 6 months ago
Now impossible not to

Message 30427777

First move about done IMO
Could see one more leg but more interesting on the short side of some of the silver miners
Best entry would be on one more power move. Sep puts will be cheap
Selling calls on long miner positions and buying puts on some froth mean no outlay
Could have a crash setup here like '87...that was a wave 2
Big boys need to wipe out and reset before an even bigger move higher

Message 30464776