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The Lunatic Fringe - Trading talk.

Lancers32

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Too much ass for me but I would work with it. Talk about a bottom.

DlOJXWeU4AAi6LE.jpg
 

Lancers32

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Aside from the perma bulls it is getting hard to find anyone willing to buy these levels. CDE and HL sitting around 5 bucks a share.
 

Jodster

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Aside from the perma bulls it is getting hard to find anyone willing to buy these levels. CDE and HL sitting around 5 bucks a share.
How far can you slide, when you're already at the bottom of the mountain? Apparently further still..
 

dozer99

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My stock portfolio is starting to look like a blueprint for a subterranean basement.
 

Jodster

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Guys I just threw some (what I think are) interesting drawings in the Uranium thread.
I don't know much about double bottoms, but my spidey senses tell me tomorrow is going to look a lot different than today.
 

Lancers32

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I would wait till the end of the day. Could very well be higher bottoms but too soon to tell. Better than buying the tops.
 

dpong

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At over 2 hours long, ZED might like this one:

 

Lancers32

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Once upon a time it helped if you were black to get framed.

 

Lancers32

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Guys I just threw some (what I think are) interesting drawings in the Uranium thread.
I don't know much about double bottoms, but my spidey senses tell me tomorrow is going to look a lot different than today.


I bought some UUUU and UEC DNN did not fill at $1.33 missed by dos centavos. Can the U shares go lower? Probably. Playing it like an 18 yo virgin. A little bit at a time.
 

Lancers32

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Lancers32

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:belly laugh:
 

Lancers32

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Look bullish to you? Yeah I know manipulated market and they are giving you more time to stack.


XAGUSD_2021-12-14_08-30-19.png
 

Jodster

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Still new to this but isn't that a "Descending Triangle"? More bearish news...
Unless it's a "Falling Wedge" in which case it's Bullish.

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Lancers32

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Yeah but this is all probability nothing works all the time. Know where you are wrong. I find it easier to just use horizontal support/resistance and fib retracements.
 

Jodster

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Yeah but this is all probability nothing works all the time. Know where you are wrong. I find it easier to just use horizontal support/resistance and fib retracements.
I agree Lancers. What makes me laugh is the fact I'm trying to use Technical Analysis on a market that's blatantly rigged.
In other words, TA don't mean squat...
 

dpong

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For me, TA is less about predicting and more about picking your spot (picking your setup). All markets are "rigged" but TA still works to pick your spot.
 

Jodster

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For me, TA is less about predicting and more about picking your spot (picking your setup). All markets are "rigged" but TA still works to pick your spot.
Which goes right back to Lancers point, support, resistance and Fib. I'm using support and resistance to guess-timate my entry and stop loss points. Fib has been helpful for averaging in on falling stocks. But in the end it's still a crap shoot.
Pong, you still 0% miners, if that's not too personal to ask?
 

Lancers32

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WTF happened? :hang: You want to risk 10% here? PSLV.

rfw.jpg
 

Lancers32

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UUUU taken to the woodshed in pre. Bot a little.
 

Lancers32

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Gonna buy a city block in Manhattan with a bag of junk.

 

Jodster

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We’re going back to Last summer lows in certain sectors
 

dpong

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Which goes right back to Lancers point, support, resistance and Fib. I'm using support and resistance to guess-timate my entry and stop loss points. Fib has been helpful for averaging in on falling stocks. But in the end it's still a crap shoot.
Pong, you still 0% miners, if that's not too personal to ask?
Yes, I'm still on the sidelines, and glad of that.

[I try to buy things that are going up already. I try not to buy things that are going down. See how that takes some of the prediction out of it?]
 

Lancers32

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You like to bottom fish? SILJ is 40 cents above nearby support. Risk is limited and sentiment is in the toilet. Just sayin'.



SILJ_2021-12-14_15-34-56.png
 

Uglytruth

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1639536036431.png
 

Voodoo

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Lancers32

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How many years you gonna hear cup and handle?

 

Jodster

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Question IMHO, is to hold throughout the pain, or liquidate and buy in later?

I'd bet ya a silver dollar, if I sold today, the Bull would begin tomorrow.
 

Lancers32

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Eagle fans are brutal. Don't wear your Giant's jersey to an Eagles game. Getting plastic surgery on the cheap.


 

Lancers32

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Fresh lows AG and SILJ.
 

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Gold itself hasn't had much downside over the past couple weeks, unlike the miners which have been hammered. However, gold looks to be in a weak position.
Fingers crossed for the Fed meeting. I'd love to see the metals move higher out of this week, but they could very well get smashed hard post-fed. Like I said, gold is looking weak, and silver is already slipping.
 

Lancers32

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Wall Street Beats and Silver Squeeze. David beat Goliath but David got lucky.

 

Lancers32

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It won't go down every day.