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The Lunatic Fringe - Trading talk.

Lancers32

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Lancers32

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Just recently demented and now craps himself but you gotta say this guy was always an a$$hole.

 

Lancers32

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Capitulation volume or something else?


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savvydon

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None of it made any sense. I even went back and reread the prior two weeks of the thread. Nothing that would make anyone want to quit, let alone the originator and biggest contributor. Quite a shame.
I get the sense it has less to do with the lunatic fringe than things Zed is going thru on his own. It is the ol' bird thing. You let it fly. If it returns then it's yours. If it doesn't it never was.
 

Lancers32

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agcoacres

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Jodster

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I stepped away from this place for about 4 years. In a way it was good to take a break. Like any other social media, this place can become addicting and interfere with non-virtual relationships and emotions. Zed will be back when he's ready.
In the meantime, we have a solid base to keep this thread strong. How many pages will Zed have to get caught up on, when he returns? I hope we break 1000 by then!
Carpe diem!
 

Lancers32

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The way the miners are trading I don't see all that much downside even if we break down hard in the metals now. A stock like SILJ won't get close to $11.40.
 

Jodster

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The way the miners are trading I don't see all that much downside even if we break down hard in the metals now. A stock like SILJ won't get close to $11.40.
It was down to an intra-day low of $11.48 right around Hallowe'en. Steady hands, youngblood....
At best it will be a sideways crawl. I have a bid in at $12.55
 

jelly

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Firm lower low in GDX and GDXJ. It's starting to look like a slip-n-slide in the mining shares.
 

Lancers32

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At this point anyone with half a brain cell realizes the vaccines don't do anything good. Sorry don't mean to trigger anyone but if you are vaxxed and I am not I should not be a threat to you right? Anyway. So what's the end game if they can't get this poison in you with the threat of a flu? Smallpox. Now you would think about getting a smallpox vaxx wouldn't ya?
 

Jodster

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Firm lower low in GDX and GDXJ. It's starting to look like a slip-n-slide in the mining shares.
Yeah Jelly, I been trying to find the bottom of SILJ.
but of course every time I buy, it drops.
I swear I could buy every dip down to $0.50 cents and it would still fall some more.
 

gnome

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jelly

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Alternate view. Gold in Australian dollars is still in a bullish position.
gold-aud.png


Silver looks iffy.

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Goldhedge

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Rumble Inc., The Neutral Video Platform, to go Public Through Combination With Cantor Fitzgerald's CF Acquisition Corp. VI (Nasdaq: CFVI)​

 

Lancers32

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Recent supports in SILJ and MTA getting close. Silver support from what I can see is obviously 21.4-22.00. The breakout was around 19 so if we fail to hold supports around 21ish we might see a retest of the breakout. Tough to gauge sentiment right now. Currently flat pm.
 

Lancers32

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If the miners break the early October lows I wouldn't go near them.
 

Lancers32

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Representing Big Pharma for the past 40 years. Autism and food allergies up through the roof since this despot been around.

 

jelly

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It seems like everyone is giving up on the miners right now. What looked like a clear and strong breakout just a couple weeks ago has turned into everyone dumping shares. Atleast I have put options for protection.
 

Lancers32

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Jelly sometimes you really do have to run out of the burning building.
 

Jodster

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Jelly sometimes you really do have to run out of the burning building.
Yeah I'm 50% cash, 50% commodity stocks.
My cash isn't sinking.
My stonks are.

I wonder why Dpong said he was 0% miners? What does he know that we don't? :p
 

Jodster

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SILJ looking to put in a multi-year low if this double bottom doesn't hold. I just learned about trailing stops on a buy. Might put in a bid with 7% trailing stop.
That would mean a buy at $12.75, assuming this is the legit bottom. Any thoughts or criticisms?
 

Lancers32

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SILJ 11.40 last bottom then 10.28. No rush to buy here. Look good to you? I would wait for more tax selling for short term swings to buy.


FFnyrd7WQAQ6lpN.png
 

Lancers32

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Don't assume it is a bull market.
 

Jodster

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So the Crash of April 2020 was driven by global panic over Covid. Current narrative can go one of two ways:

Omicron is pumped and hyped by the MSM as the most dangerous wave yet. Idiots believe this and global trade shuts down just before christmas. Market negative. Metals crash.

Omicron turns out not to be such a bad variant and the markets stay positive. People pump hard into USD, TSLA, AAPL, GME, etc and the metals suffer. Market positive so metals crash.

There's no way out of this. Feels like a repeat of April 2020. I'm getting the itch to cash out soon. Only thing I will invest in is Volatility index.
Being a gold bug is tough man....
 

dpong

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Yeah I'm 50% cash, 50% commodity stocks.
My cash isn't sinking.
My stonks are.

I wonder why Dpong said he was 0% miners? What does he know that we don't? :p
I sell when my stops get hit. I buy when stuff is going up. Sitting on hands now.
 

Lancers32

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Not taking any trades but there are a few bullish hammer possibilities setting up.
 

Lancers32

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SILJ CDE HL if you want a few low risk bets that $21.40 Silver holds.
 

Lancers32

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Are people so GD stupid to think the insurance companies won't pass along the costs of all this crap? Rhetorical question I know the answer.


 

Lancers32

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Forget it.
 

Cigarlover

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Are people so GD stupid to think the insurance companies won't pass along the costs of all this crap? Rhetorical question I know the answer.


WTF is he on. He doesn't look like an 80 yr old dude at all. Is that even him?Did they find a cure for old age?