Silver getting crushed today

What was the name of The Lone Rangers horse?

 

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Hi yo Palladium, away!

 

This all looks way too much like the display of an ICU heart monitor the moment before somebody has to yell "Code blue!"

 

It soon may be a good buying time, but you won't really know that for a few weeks to months.It is better to evaluate buying when PM is heading down and then selling as it is going up, not the reverse. If the Market goes over 24,000, I suspect the GDX ( gold) will be under 21.25) and a paper straddle will pay off well. Of course there is never any guarantees IMO.

 

As prices drop I am buying here and there but not in huge quantities. Got a couple of tubes of ASE's last weekend and will get some junk 90% later this week.

 

Silver is up $.38 and all metals are up too. Market is up over 120 points.

 

I don't know .. maybe it's preparing for a nosedive ??

 

I hope not. My 401K is kicking butt. Would rather see metals tank.

 

Big money has their finger over the "sell" button. A correction is coming to the stock market, we are overdue. We are in an "everything bubble". Its better to move out a little early than a moment to late...

 

Metals and Market up simultaneously; unusual but auspicious.

 

This is just speculation on my part, but what if we didn't always find ourselves expecting and/or fearing the certain coming of a "correction" so automatically, could we then perhaps instead help turn this assumed inevitable likelihood of a disastrous downturn into the very real possibility of a fortuitous continued upswing instead?

 

Palladium just went over 1K

 

A regular correction is actually healthy for the markets. Sitting it out in the long run would yield good results. Its when things go up in a straight line for extended periods of time by manipulation that causes overly dramatic highs and lows. Predictability becomes difficult and causes panic.

 

As my dear grown step-daughter is given to saying in her most delightful tongue in cheek way, "This is why we can't have nice things." Amen.

 

I see elements of your point, but I'm not at all sure that it is the straight lines that are a result of manipulation. I would instead make the case that it is the corrections that are engineered, because the profit taking that results from same inevitably benefits the biggest players almost exclusively and leaves the little person, the individual investor, out in the cold and holding the proverbial - and in this case, much emptier - bag. As you yourself said in a prior post, it is after all Big Money that has it's finger on the Sell Button.

 

I have heard it said that for every one person that takes a profit in the stock market there are 10K people who lost money. Not sure how true that is but brings things into perspective. Take a look at the VIX, right now its in single digits (9.83) That's insane! That is the warning sign to get out NOW!

 

Great stat. At least I'm the one person then and I'm glad of it !!
People are told by advisers to hold (as they themselves are selling) in a large downturn. Thus people lose money, then they freak out and finally sell way too late.

There's been a "bubble" for years and years since 2009/10 if you listen to the pundits. Just search stock market crash and a particular year and you can get tons of articles.
when it does finally comes they'll say .. "i told you so"

I'm still waiting for this, oh wait, it's nearly 2018 now ==> https://www.marketwatch.com/story/stock-market-crash-of-2016-the-countdown-begins-2015-02-25

many people do skewed research based upon their own particular opinion. And not research checking all sides of an issue. So to each their own.

One has to learn if the market leans heavily downward non-stop to get out.
if you just got in .. well, whoops, get out anyways. preserve capital/cash.
It's best to loose a little than a lot.
If you are antsy, get out, if the market keeps going up, then get back in if you want.

It's your choice.

Here's VIX the last 2 years. The lower the number the better.

 

I have heard all sorts of things said.

Few as silly as this, though.

 

By and large I think it would be safe to say that it is the Market manipulators themselves who are the most likely and most successful profit takers since they are the very ones who are privy to the timing of any major Market motion long before anyone else even has a clue.

 

While the numbers in that prior statement may well be the result of anecdotal exaggeration, I think we can on the other hand be fair in stipulating from both recent and older history that when there are really big - in both senses of the term - winners in either a purposely engineered and/or "accidental" (think junk stocks sold as prime) downturn then there are by the numbers many, many more little - i.e., small time investors - than big people who lose the shirts off their backs.