No silver lining here - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > WallStreetBets > Stock Market Traders > General Money Chat

General Money Chat Discuss other ways to make money online.

Reply
 
Thread Tools
  #1  
Old 09-09-2008
The_Cynic's Avatar
Executive [VIP]
 
Join Date: May 2008
Posts: 337
Thanks: 8
Thanked 35 Times in 30 Posts
Activity: 0%
Longevity: 92%
iTrader: (0)
Default No silver lining here

I have been getting slaughtered in my silver position. In the last month it has gone from $18 to $10.90 as of now. Cost me 8 grand so far, but I am still holding in there. It will probably bottom out ONLY after I sell out my position.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 09-09-2008
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default

Wonderful club, NOT! Have patience.

$11.13 will just buy a Happy Meal
__________________
REAP WHAT YOU SOW. LIFE IS SO NOT FAIR.

Last edited by GreenBean; 09-09-2008 at 08:01 PM.
Reply With Quote
  #3  
Old 09-10-2008
Junior Member
 
Join Date: Nov 2007
Posts: 211
Thanks: 0
Thanked 13 Times in 10 Posts
Activity: 0%
Longevity: 95%
iTrader: (0)
Default

Well $18 was a little high to be buying, as for being 8k down, your only down that should U decide too bail...

And as it's a manipulated crush on precious metals, i wouldn't be too concerned, use the spot as a chance too dollar cost down..
Reply With Quote
  #4  
Old 09-13-2008
Senior Member
 
Join Date: Mar 2008
Posts: 449
Thanks: 22
Thanked 15 Times in 14 Posts
Activity: 0%
Longevity: 93%
iTrader: (0)
Default

gold my friend......oil is also down 50%
Reply With Quote
  #5  
Old 09-13-2008
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default

Diamonds and Krugers survive better.
__________________
REAP WHAT YOU SOW. LIFE IS SO NOT FAIR.

Last edited by GreenBean; 09-13-2008 at 07:23 PM.
Reply With Quote
  #6  
Old 09-17-2008
The_Cynic's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: May 2008
Posts: 337
Thanks: 8
Thanked 35 Times in 30 Posts
Activity: 0%
Longevity: 92%
iTrader: (0)
Default

WooHoo! Back with a vengence! Silver + $12 Today. Up $1.50 in one day. Breathing a sigh of relief, I think the bottom is in.
Reply With Quote
  #7  
Old 09-17-2008
Here We Go Again's Avatar
Executive [VIP]
 
Join Date: Sep 2008
Posts: 2,359
Thanks: 192
Thanked 695 Times in 329 Posts
Activity: 0%
Longevity: 90%
iTrader: (1)
Default

Did you see GOLD today?
Gold - $850.50 - Up $70.00
__________________
Once you go Mac you will never go back
Reply With Quote
  #8  
Old 09-17-2008
The_Cynic's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: May 2008
Posts: 337
Thanks: 8
Thanked 35 Times in 30 Posts
Activity: 0%
Longevity: 92%
iTrader: (0)
Default

Yeah gold was amazing.

I think the rally has more to do with the longer term outlook on the dollar. Guaranteeing fannie, freddie, and now AIG for 80+ billion, all the while flooding the system with liquidity is not good for the long term health of the dollar and that showed today. Dollar index down over a penny.
Reply With Quote
  #9  
Old 10-26-2008
The_Cynic's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: May 2008
Posts: 337
Thanks: 8
Thanked 35 Times in 30 Posts
Activity: 0%
Longevity: 92%
iTrader: (0)
Default

I was stopped out of my silver position. This has been a very bad month for my commodity account. My account went from $16k to 4k. I am on the sideline now licking my wounds.

The metals and the commodities will come back, but not before the dollar tops out. I am waiting to see the dolar top out and then I will take another flyer (with tight stops) on the metals.
Reply With Quote
  #10  
Old 10-31-2008
Junior Member
 
Join Date: Oct 2008
Posts: 23
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 90%
iTrader: (0)
Default

Quote:
Originally Posted by The_Cynic View Post
I was stopped out of my silver position. This has been a very bad month for my commodity account. My account went from $16k to 4k. I am on the sideline now licking my wounds.

The metals and the commodities will come back, but not before the dollar tops out. I am waiting to see the dolar top out and then I will take another flyer (with tight stops) on the metals.
Dollar will take time to top up. But i can say that if you are having any open position you can recovery your losses gradually and steadily.
Reply With Quote
  #11  
Old 10-31-2008
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default

Sam111, Any special reason why you and Donna18 are spamming the forum? What is going on? Going to come back once your post counts is high and make us offers?

Really eager to know. I am very interested in the Markets so wonder
what you want?
__________________
REAP WHAT YOU SOW. LIFE IS SO NOT FAIR.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



Aspkin Group

All times are GMT -5. The time now is 06:27 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58