Buy Signals for Silver.... All Systems Go!

After some consolidation, looks like 30 per oz. is new support level. Ready for 3rd run at breaking past 50 per oz.

Many buy Signals for Silver.... All Systems Go!

 

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so this means buy, right? when the nice pretty line goes down you buy, up you sell?

 

I think silver is looking to do a little base-building. It might be a bit early to resume the bull market. There was a lot of technical damage during the drop.

 

I totally agree. Silver still showing little strength with support at 31-31.50 the past few days. Still could dip to 30 anytime.

 

There is actually a sell signal using many different indicators. Thanks for the false information.

[TABLE="class: borderTable"]

[TD="class: analysisTd"]Overall[/TD]
[TD="class: analysisTd"]Short[/TD]
[TD="class: analysisTd"]Intermediate[/TD]
[TD="class: analysisTd"]Long[/TD]

[TD="class: analysisTd"]Bearish (-0.38)[/TD]
[TD="class: analysisTd"]Bearish (-0.34)[/TD]
[TD="class: analysisTd"]Bearish (-0.29)[/TD]
[TD="class: analysisTd"]Very Bearish (-0.50)[/TD]
[/TABLE]


[TABLE="class: borderTable"]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]43.93[/TD]
[TD="class: borderTd"]4[/TD]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]43.14[/TD]
[TD="class: borderTd"]2[/TD]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]40.80[/TD]
[TD="class: borderTd"]10[/TD]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]39.55[/TD]
[TD="class: borderTd"]4[/TD]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]37.64[/TD]
[TD="class: borderTd"]9[/TD]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]35.77[/TD]
[TD="class: borderTd"]9[/TD]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]33.68[/TD]
[TD="class: borderTd"]7[/TD]

[TD="class: borderTd"]resist.[/TD]
[TD="class: borderTd"]32.80[/TD]
[TD="class: borderTd"]4[/TD]

[TD="class: borderTd"]supp[/TD]
[TD="class: borderTd"]31.68[/TD]
[TD="class: borderTd"]7[/TD]

[TD="class: borderTd"]supp[/TD]
[TD="class: borderTd"]27.52[/TD]
[TD="class: borderTd"]2[/TD]
[/TABLE]

 

I have given up trying to predict it Silver. It's just too manipulated. I still own a ton of it, but I will just wait 10 years and see where the chips lie.

I feel more confident that Apple stock (AAPL) is going to break to new highs and head toward $500 over the next couple of months. Then again what do I know? Nothing!

 

AAPL looks very good technical wise. It is bullish short, medium, and long term. It's kind of amazing that company is still sitting on around 70 billion dollars in cash. I think it is time they had a dividend.

 

Won't happen. Unalike other companies and governments, they'll do the smart thing, sit on their money, invest it, and use it when the bad times roll around.

 

Apple is going to blow away earnings estimates next week ... I think the stock will make a $20 to $25 a share pop right after they report.

 

With dividends being taxed at an all time low(15% percent), the only intelligent option would be to give some money back to the shareholders. People don't want to invest in a company that has 70 billion in cash which is earning 1.5% a year while it sits. I understand keeping a good amount of cash on hand for future investments, however at least make a dividend for future earnings.

 

That might already be priced in. The stock ran up $40 a share in the last 5 days.

 

Yeah, that would be the reasonable thing to do. I could see them doing a special dividend or a large-scale share buyback, but I don't think they'd offer a straight quarterly or yearly dividend.

 

It's still below the old high, once it jumps past $424 or so, we are out of the 3 month consolodation and into new high territory and will quickly push towards $500. JMHO

If Apple split their stock 10 to 1 and we were looking at a $40 stock ... people would think nothing of a move to $50 ... yet that is the exact same move as a move from $400 to $500.

 

I'd say at least some of that is priced in already. As it's hard to ignore that much cash setting around.

And is 1.5% all they really get on that pile?

 

pile? I thought they bought Scrooge McDuck's Money Bin as part of their health program for the employees to swim in...
course they use metal detectors on the way out...so don't bring your wallet or change


http://www.youtube.com/watch?v=aPX5mRSQ3pw

 

1. Silver drops 25%
2. The Mint suspends silver proof set sales for "repricing"
3. Oh, but wait, the sets go back on sale at the same price :scratch:
4. Tim Geithner announces plans to give the IMF up to $2 Trillion to bail out Europe

How's that for a signal? [FONT=&amp]BUY, BUY BUY!!![/FONT]

Btw, can someone please get this man some BOTOX for his forehead?



Timothy Geithner, "Well...if it doesn't work, we just declare war on China and cancel our debt...I don't see the problem!"

 

Yes, they really earned 1.5% on their cash holdings last year. They probably only invested in the safest of securities. I'm not 100% sure what, however most likely government bonds.

 

I'm sure there are people (I'll call them "Lucky") who have had success in their lifetimes picking out silver, stocks, gold, etc. that end up making them money. They seem to focus on certain trends and signals, of which I don't know what they are, as well as having an innate sense of what will be. Obviously, they are not fortune tellers in that they usually do spend quite a bit of their time with this as a hobby, and sometimes, as a profession.
I'm also sure there are more people (I'll call them "Normal People") who sometimes are successful in investing, but for the most part it's haphazard and their luck is more real luck than anything else. Most are either in the right place at the right time (meaning they are happening to be able to buy stock, etc at a moment in time that turns out to be fortuitous), and also either don't have to sell soon after, so they can pick the time to sell, or they have to sell, and they again are in the right place at the right time (meaning they are happening to sell at the moment that is good for them).
There is this story that during the crash of 1929 (most people losing their money, of course) where this one school-teacher actually came out ahead, because she sold her stocks like the day before it happened. If I remember right, and I may not, it was because she needed to buy new clothes for the school year or something. That's luck, but she actually was a "normal person" rather than "Lucky", because she used no knowledge to do so and she was in the right place at the right time.
Basic thing is that if you look at history, if you have the ability to invest (non-essential money --- that you probably will not need to call out for 12 to 15 years down the line) and you just think about what the world is going to (plastics instead of horse buggy building), buy quality offerings, and diversify, you can usually turn a profit in the long run. But anytime you are playing with money that you absolutely could need in the next 1-2 years, you are taking chances at losing more than winning.
And lastly there are "Suckers". I'll leave it to you to define that, as it encompasses all the others outside the Lucky and the Normal People.

 

...and that's why it went up $40 a share in the last week? :scratch:

"Nobody goes there any more; it's too crowded."

 

I'm saying the reason the stock is up $40 the past week because people are assuming the earnings will beat the analysts using the earnings of companies alike. "Nobody goes there any more; it's too crowded." When did I ever say that? I'm not bashing Apple...All I'm saying is that having that much in cash makes no sense. They have $70 per share in cash. You are taking my words out of context. If you invest in a mutual fund that is supposed to INVEST your money to make more money and they have half of that in cash why would you choose that fund?

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