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View Full Version : A new gold and silver bull is born!



goldragon
29th October 2008, 07:33
http://www.kitcosilver.com/charts/24hoursspot.html
http://www.kitco.com/charts/popup/au24hr3day.html
http://quotes.ino.com/chart/?s=NYBOT_DX&v=d3

research24
29th October 2008, 08:59
I think I'll wait until a trend is established before popping any corks. Up 40 cents does not a bull make.

Kelly
29th October 2008, 09:12
True. But it's now up 75 cents and that's a much brighter prospectus, eh?

goldragon
29th October 2008, 09:13
Till now I did not pump my money in. Be right, not be fast!

goldragon
29th October 2008, 09:28
I bought @9.80 Stop loss @9.47, We will see how this works out!

goldragon
29th October 2008, 09:30
So far so good, but I am afraid I could be wrong!

main1event
29th October 2008, 09:34
So far so good, but I am afraid I could be wrong!

Being afraid is a good sign that its going higher.

research24
29th October 2008, 09:47
Don't know about you people but I learned my lesson about trying to time tops and bottoms thirty years ago. With PMs its better to buy or sell when you think its reasonably close. One look at the 1980 gold chart will tell you why. Turnarounds can come incredibly fast.

goldragon
29th October 2008, 09:51
Don't know about you people but I learned my lesson about trying to time tops and bottoms thirty years ago. With PMs its better to buy or sell when you think its reasonably close. One look at the 1980 gold chart will tell you why. Turnarounds can come incredibly fast.

You are right. But if you set stop loss, at least you have some protection. Investment is a compromise of RISK/REWARD. IF no risk then no reward.

pixaloop
29th October 2008, 10:22
Don't know about you people but I learned my lesson about trying to time tops and bottoms thirty years ago. With PMs its better to buy or sell when you think its reasonably close. One look at the 1980 gold chart will tell you why. Turnarounds can come incredibly fast.

The voice of reason...cheers.

goldragon
29th October 2008, 10:34
Now SLV breakout $10.00.