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where will silver bottom in this correction?
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<p>[QUOTE="desertgem, post: 1039302, member: 15199"]<p style="text-align: left"><span style="color: #000000"> </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Ok, I am one. I have lost money on stocks, options, and I have made money on both. Doesn't matter if anyone believes me or not, that is of no concern to me.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">I disagree. Often that is the best direction at the time. Sometimes it turns on you so you have to be fluent with changing direction. Such as, is it a good time for someone to enter PM ETFs now with silver and gold so high? There are technicalities that worry some about ETFs, but that is where research comes in. It is almost impossible to enter a trade just when it turns upward. It is usually better ( IMO) to allow it to move a while to assure it has direction and momentum. The #1 mistake in my book is to invest more money than you can afford to lose, no matter how good it looks, and that also applies to PM.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000">The stock market and all associated financial transactions are approximately zero sum events. There has to be a buyer for every seller and visa versa. The money you gain comes eventually from someone else. It is studied under "Game Theory of Mathematics", so yes it is a game as such.</span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000">All IMO.</span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000">Jim</span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></span></p><p style="text-align: left"><span style="color: #000000"><br /></p></span></p><p style="text-align: left"><span style="color: #000000"><br /></p></span></p><p style="text-align: left"><span style="color: #000000"><br /></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></span></p><p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></p></p> <p style="text-align: left"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1039302, member: 15199"][LEFT][COLOR=#000000] Ok, I am one. I have lost money on stocks, options, and I have made money on both. Doesn't matter if anyone believes me or not, that is of no concern to me. I disagree. Often that is the best direction at the time. Sometimes it turns on you so you have to be fluent with changing direction. Such as, is it a good time for someone to enter PM ETFs now with silver and gold so high? There are technicalities that worry some about ETFs, but that is where research comes in. It is almost impossible to enter a trade just when it turns upward. It is usually better ( IMO) to allow it to move a while to assure it has direction and momentum. The #1 mistake in my book is to invest more money than you can afford to lose, no matter how good it looks, and that also applies to PM. [LEFT][COLOR=#000000] The stock market and all associated financial transactions are approximately zero sum events. There has to be a buyer for every seller and visa versa. The money you gain comes eventually from someone else. It is studied under "Game Theory of Mathematics", so yes it is a game as such. All IMO. Jim [/COLOR] [COLOR=#000000] [/COLOR][/LEFT] [/COLOR][/LEFT][/QUOTE]
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