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Silver Notes

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sponono
Super Contributor
bought at R152 on falling wedge break-out in February. Made a profit of 50% which has now been reduced to only 13%. Do I hold and risk the small profit seeing that the trend is down or do I sell and take a small profit.?.
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15 REPLIES 15
Not applicable
so you going to keep us in suspense forever, or are you going to let the cat the bag and tell us the answer now?
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Not applicable
so you going to keep us in suspense forever, or are you going to let the cat the bag and tell us the answer now?
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Rams
Super Contributor
you should have moved your stop to lock in at least 50% of the 50% profit you made.You would have been stopped out at a profit and skaap would be out of suspense
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SimonPB
Valued Contributor
the link is to an article .. Silver - don't panic
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Fredsed
Super Contributor
Silver futures market manipulation via unprecedented 5 margin hikes in 3 weeks. After this episode, bar another Krakatoa, if you believe no QE3 coming then upside is limited, sell everything. If not, then silver at $100 is evidently more than possible. I find that hypnotherapy improves my guesswork.
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fusion12321
Frequent Contributor
hi freddie. hows your mom ??
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Yatagan
Frequent Contributor
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prancing_horse
Super Contributor
Vernon Koekemoer or Chuck Norris?
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Not applicable
Well looking at a point and figure chart of $-Silver the price objective is 20 Dollars..will get there? who knows, bet you none expected this big a drop to $34..my view expect the unexpected. Nice article by the way
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striker
Super Contributor
- I'm holding. In these turbulent times ,Silver is the next safest haven to gold - further $ weakness is looming.
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Fredsed
Super Contributor
Long commodity setups are popping up like the proverbial green shoots. Waiting until I can see the white of their eyes. Guns loaded. Nothing much from hereabouts except ALSI futures and chartist giving out trade the price, mainly to himself - so monotonous. PM followers are as scarce as RHS.
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Not applicable
Silver turning south again it seems..
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Not applicable
yip silver nearly down 5% looks like a dead cat bounce to me
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Fredsed
Super Contributor
Gold not keen to give. Even the spoof about Geithner unhappy to sell Fort Knox ($400 bil) to delay US debt ceiling ($14295 bil) hike (QE3) is not working. A US with no gold, and their debt with hardly a dent in it, not going to happen. Now if gold were valued at 10 fold more... but who would buy it then?
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