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View Full Version : Will we go under $26 at any point again?


SoWhatImInsane
09-26-2011, 10:42 AM
Thoughts on if we made a bottom at 26.

Yes means you think we will hit 25 or lower..

No means you think 26 is the bottom.

thanks

seascape195
09-26-2011, 10:45 AM
I think the better question would be, will it do just the opposite of the polling... that seems to be the trend... whatever is unconventional or opposite thats what I'm seeing. Sanity returned at $28, seems there were more stops there than I thought.

SoWhatImInsane
09-26-2011, 10:48 AM
I think the better question would be, will it do just the opposite of the polling... that seems to be the trend... whatever is unconventional or opposite thats what I'm seeing. Sanity returned at $28, seems there were more stops there than I thought.

id agree that more often than not silver does the opposite of the general consensus.

I'd say this applies to a lot of areas as well, for example most people thought pitt -10.5 points was a great bet for football last night, they only won by 3. It doesnt always hold true but the better bet is usually the side that no one else is taking.

grinningdog
09-26-2011, 11:11 AM
I will buy again at 12 and then 8.

SoWhatImInsane
09-26-2011, 11:22 AM
I will buy again at 12 and then 8.

Do you think it will go that low?

Briarcutter
09-26-2011, 12:18 PM
I am waiting for 9.00, but I am thinking in reality it will not go below 18.00.

Fuzzlewhumper
09-26-2011, 12:23 PM
I checked the poll before voting so I could try and balance it to a perfect 50/50 ... we need one more no vote to achieve it.

seascape195
09-26-2011, 12:24 PM
imho, there is way too much money in circulation from QE1 & QE2 and Europe and US are talking QE3 again today, but what do I know.. like I said earlier, my crystal ball isnt working.

SoWhatImInsane
09-26-2011, 12:29 PM
I checked the poll before voting so I could try and balance it to a perfect 50/50 ... we need one more no vote to achieve it.

YOU SIR ARE A MANIPULATOR YOU SHOULD BE ASHAMED OF YOUSELF;)

hippy
09-26-2011, 12:42 PM
Round & round she goes, where she stops, nobody knows?

But it will be $50 by Christmas

Scorp
09-26-2011, 12:57 PM
Round & round she goes, where she stops, nobody knows?

But it will be $50 by Christmas

I hope not, that would be another parabolic move and as we've seen with Silver in May and now with Gold, parabolas tend to correct hard.

Jeff216410
09-26-2011, 01:28 PM
Yes, we will go below 26 when Greece actually defaults. This past week was all just speculation of Greek default, US budget again, Instability of the big banks...when the market crashes again investors will sell PM's again to cover losses, then when everything looks ok again the PM's will rocket back up.

Long Term Investor
09-26-2011, 01:31 PM
Yes, we will go below 26 when Greece actually defaults. This past week was all just speculation of Greek default, US budget again, Instability of the big banks...when the market crashes again investors will sell PM's again to cover losses, then when everything looks ok again the PM's will rocket back up.

I agree with this. I'm preparing myself to do a whole lot of buying around $20. I'll pick up some here and there in the meantime, but I want to have sufficient funding to buy quite a bit at $20. I won't care if it is ASEs or CMLs or generic rounds, I just want to add some volume to my holdings.

Obediah
09-26-2011, 01:33 PM
Imlho we are going to be skewered whether it goes under $26, 16 or 6! :cool: