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To: blam

Being an avid equities investor I’d have to agree. Especially wrt silver. I’d expect the slide to continue. And I expect the market to correct significantly, as well. Its what the charts suggest. You don’t get these massive sell-offs “out of the blue”. Something is up, we just don’t know what it is yet. Another shoe is likely to drop, based on my personal analysis.

I could be wrong. Most of my trading is on a macro level, eg. individual stocks. But if/when I see an invidual stock take a hit like the markets (and commodities) have, I would be selling it, not buying it, or waiting for a confirmed bottom (e.g. as base to form, and trendlines to confirm - currently we’ve breached most moving averages and the trendlines are not favorable).

Good luck.


8 posted on 04/17/2013 9:03:49 PM PDT by monkeyshine
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To: monkeyshine

What I find interesting is how the establishment immediately attack gold and silver buyers when the metal drops. Ridicule, sarcasm and etc is directed at the prec metal buyer. You do not see this when stocks, real estate, options and hedge funds take a plunge. Instead the pundits argue one should not panic and the wise ones will buy after the drop in prices. My 2 cents on attitude of establishment financial types attitudes/biases on different types of investments vehicles.


12 posted on 04/17/2013 10:45:29 PM PDT by Fee (9/11 first shaking; 2008 finance collapse second shaking; 2015 ????)
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