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hiyosilver
11th August 2008, 18:17
Well, we got within a few cents of the 500 DMA today. It should bounce near here. If it doesn't, my dog's going to have to find another place to sleep for awhile.... :)

hiyosilver
11th August 2008, 20:20
I knew I should've installed a computer connection in that dog house.....

skijake
11th August 2008, 20:24
I knew I should've installed a computer connection in that dog house.....

Do you really think we will see +1.25 days when it goes back the other way? Its tough to play in a casino like this. I do like the fact I get to keep the chips.:rolleyes:

SilverHawk
12th August 2008, 01:19
Is that a one or two bed dog house? :)

I can help with utilities....

(Can't see any fat lady yet...But I know she's coming)

duneyman
12th August 2008, 11:18
I once read the following - maybe not the exact words on this. How does one avoid mistakes . By having experience. How does one get experience ? By making mistakes. There you have it. There is no book to read that will explain the silver market ( or even life ) so we learn as we go along. A few years ago I didn't even know what a daily moving average was but at least now I wasn't surprised to see silver go down to the 500 day average and even way below that overseas. At least nowadays the average silver investor can join this forum and learn from others who have been through the discouraging times.

goldragon
12th August 2008, 11:37
Well, we got within a few cents of the 500 DMA today. It should bounce near here. If it doesn't, my dog's going to have to find another place to sleep for awhile.... :)

I think we have to buy. 500DMA is $14.51. We reached it. You got a good call!:D:eek:

goldragon
15th August 2008, 16:01
I was wrong to give a wrong timing of silver. Sorry.

Phaeton
15th August 2008, 16:22
I was wrong to give a wrong timing of silver. Sorry.

One thing I've learnt this week is that NO ONE can perfectly predict the course of this volatile commodity....

Once Silver hit VERY LOW $14's, did experts believe that it would go even lower.

averagejoe
15th August 2008, 22:08
This could very easily dip into the 10 to 11 $ range before this is over. I just wish I would have went with my gut instincts and waited to buy earlier this year but one never knows you may not be able to find much out there now from the sounds of some of the postings on this forum so it may be a good thing I didn't wait. Sure is a great time to take advantage at these bargain rates though if you are able.

balou2
15th August 2008, 23:18
Don't ever regret a purchase, and don't ever regret not purchasing. Think long-term, take advantage of dips if and when you can. It's that simple. Too many folks are overthinking it all- though there is sort of a fun energy about it, considering the overall dynamics of PM in the last 12 months.

prahudka
16th August 2008, 00:11
Don't ever regret a purchase, and don't ever regret not purchasing. Think long-term, take advantage of dips if and when you can. It's that simple. Too many folks are overthinking it all- though there is sort of a fun energy about it, considering the overall dynamics of PM in the last 12 months.

The notion that this dude would have kept ALL that cash for just the right moment is really just not rational. It would be almost impossible to keep the cash for just the right moment to buy what you have amassed to this point. Just think of all of the factors preventing that from happening. The money could be pee'd away, the dealer could be sold out. The dealer is probably charging a premium anyway.

Buying at 15-20 was the right thing to do.

averagejoe
16th August 2008, 11:19
Pretty sound advise Balou it could have very easily gone the other way and been well out of my reach. I don't think that day is that far down the road either so if you have the cash now is the time.