SLV - Silver ETF & Silver Futures - SI - Page 156

There is like this major invisible hand controlling the movement of Silver price.

Hopefully it is a strong hand.  I bought some oct 40 and nov 44 calls Friday.

It will likely continue to drop with the European situation becoming more "accepted" rather than a crisis.

Would not be surprised to see a lil bounce (tomorrow?) in both physical silver and yellow before another move to the downside.....................................Be careful all......................and....................GLTA!!!

http://us.rd.yahoo.com/finance/finhome/topstories/apf;_ylt=AiFnLRSwq.zwjKukf4eJ2om7YWsA;_ylu=X3oDMTE1ZnY0dWgwBHBvcwMzBHNlYwN0b3BTdG9yaWVzBHNsawNmZWRpc2V4cGVjdGU-/*http://biz.yahoo.com/ap/110921/us_federal_reserve.html?sec=topStories&pos=main&asset=&ccode=

I hope that everyone held on to their SIlver and Gold

I have now been keeping an eye on this one and it has been doing ok..

http://www.google.com/finance?q=PINK:BCEKF

Whats the general consensus on SLV/silver futures right now? I'm looking to dump a stock thats been tanking on me over the last week, and I feel silver may be a better play. Any opinions? Is $50/oz by December asking for too much or within the realm of possibilities? 

Yup, definitely no speculation with silver.

$100 an ounce? Sure. $600 an ounce? Why not...

Quote:

Originally Posted by galla290 

Whats the general consensus on SLV/silver futures right now? I'm looking to dump a stock thats been tanking on me over the last week, and I feel silver may be a better play. Any opinions? Is $50/oz by December asking for too much or within the realm of possibilities? 

yes its "within the realm of possibilities".. its also within the realm of possibilities that i hit the lotto...

thought about adding some more slv today, but held off.. will wait to see... if SILVER can get down to 34 i think its a safe play.. a break below 32 and im out...

the rsi and stochastics are indicating we're due for a bounce, but i doubt it will bounce to 50

Been waiting a while for it to get back to $35 picked up some Jan calls today.

silver trading at 32.70 right now, i may grab some at open... still undecided
 

Quote:

Originally Posted by charulz 

 

yes its "within the realm of possibilities".. its also within the realm of possibilities that i hit the lotto...

 

thought about adding some more slv today, but held off.. will wait to see... if SILVER can get down to 34 i think its a safe play.. a break below 32 and im out...

 

the rsi and stochastics are indicating we're due for a bounce, but i doubt it will bounce to 50

Quote:

Originally Posted by charulz 

silver trading at 32.70 right now, i may grab some at open... still undecided
 

 

I will pick up some calls at opening bell. There has to be some sort of bounce from here. Took quite a beating last 2 days.

Quote:

Originally Posted by Internationalstocks 

I will pick up some calls at opening bell. There has to be some sort of bounce from here. Took quite a beating last 2 days.

Its below 32 again. Looking to get Jan 35 calls.
 

loading up on more calls and slv

i think everyone is bullish here..ahahaha

i think we test highs..the sell off is irrational

Wow, talk about staircase up, elevator down!

I don't yell at me but I made a stupid move again. This is slaughter.

anyone else holding calls? or taking losses?