VelocityShares 3x Inverse Silver ETN (DSLV)

[$UPERMAN]

Looks like they're liking it so far too. Lol

[Lowjack]

[4Godnwv]

Stop trying to cheer us up!

[Lowjack]

You guys are so screwed over here!

[Lowjack]

USLV volume is almost non existant compared to a few years ago! Something big is coming!

[4Godnwv]

PM's are definitely beat up!

[Lowjack]

Time to double down on my 6X long Silver!!! Short!!! DSLV buying USLV!

[4Godnwv]

Out DSLV 49.26 +4.67

[4Godnwv]

DSLV 49.07 +2.64 today, +10.05% total swing - still holding

[4Godnwv]

So far so good. +4% beats the banksters!

[4Godnwv]

Bot this too early and pd too much, but still making $. Nice day. More to come, imo

[4Godnwv]

In pre-market 44.59

[4Godnwv]

May as well try this. Watching.

[dmik]

the beast is on fire today.. DSLV

[weemac]

Here we go !!!!!!!!!!!!!!!!!!!!!!!

[weemac]

Hahaha

[Ray1957]

I agree.

[JohnCM]

I think we are sitting on $20.00 Silver spot.

I see plus $20.00 going forward, not minus $20.00

[Ray1957]

Bought me some USLV.
.
Silver has been stagnate for too long. That is very surprising with such a traditionally volatile metal.

When the regular "Joes" out there see their money going to uselessness, they will look at silver and see it as money

[JohnCM]

I agree lowjack ...

[Lowjack]

Staying long here will be painfull!

[Lowjack]

Staying long here will be painful!

[Ray1957]

What about Chinese buying to resume after their New Years Holiday?

How would that time with the Gov Shut Down here?

[Lowjack]

Welcome to a full month of selling!

[Lowjack]

My 6x long silver trade continues to work! Ready for that 4th of July party!

[weemac]

Im out of the day trade scene for the holidays.

[JohnCM]

Not sure what you do with this one now. I would stay away.

[weemac]

Ton of trading days inbetween now and then.

[Lowjack]

That's when I expect the next Govt. shut down!

By the way Taper is never going to happen!

[wewantutopia]

I'll bite...

What's in February?

[Lowjack]

Silver squeeze comin' FEB 14!

[Crusader]

Nice day!

[weemac]

I cant see anything behind this money mountain

[weemac]

I most likely will be buying at the open today with a stop at 46.60. GLTA

[adamp]

I did. But only halfway. I have a good amount to average it down. Not too worried at this point.

[weemac]

Hey you said a few days ago yoy were going to buy uslv? Hope you didnt

[adamp]

It's funny.. people think silver is going to move because of this or that line of reasoning, but in the end it moves when a few people want it to move. They play on the emotions of people who buy in because of some inflation fear, or govt shutdown, or some perceived strength or weakness in the economy or the dollar.. in the end it's just one big scam. I'm doing well buying when everyone is selling and vice versa. Probably just getting lucky, I know, but I have zero faith that this is anything other than a day at the blackjack tables.

[Lowjack]

You have to get to $80 here before it will even be a thought!

By the way that's a nice ascending triangle you guys have got going there!

[Lowjack]

Target is $20!

[adamp]

anyone going to play this for a correction? There should be at least some pullback thurs-fri. The whole thing sounds dangerous to me at this point. Silver showing some life here.. more upside potential than downside, but won't touch USLV at $80 either.

Damn

[adamp]

hey where is everyone? am I the only one here dumb enough to buy DSLV in the middle of a bull run? I don't know, I'm a little disappointed in you guys.

[adamp]

hey weemac... I rolled the dice with DSLV looking for some kind of correction/pullback, but it doesn't look like it's going to happen. I'm trying to hold out til tomorrow, but I'm sure at this point that a pullback is forthcoming. thoughts?

yes, i know the technicals showed positive movement, but betting against the flow seems to have worked well in the past at times.

[jt6455]

Yea their losing control how it effects metals will be interesting since they have not been freely traded in decades. Either way its gonna be one volatile ride for everyone

[Lowjack]

They are not going to make the deadline of default!

Time to suck some money out of this!!! Target is 20!

[weemac]

Hit my 3% trail stop but went back in heavy at 23.62.

[jt6455]

Hows that 100 coming?

[Lowjack]

[Lowjack]

Watch out for big Red!

[Lowjack]

Dollar gaped down and PM prices tested lows! Options market was shut off in the afternoon! Going to $20!!!

[silvergun]

looking good here today ! up over 17%