News Focus
News Focus
icon url

my evil twin

03/12/12 12:25 PM

#12262 RE: retiredyoung99 #12261

Here's one article on silver price outlook which I found to be interesting.
http://www.proactiveinvestors.com/columns/johnston-sequoia-capital-corp/794/alf-field-new-elliott-wave-silver-discovery--0794.html
As is often the case with sage predictions, please note that no deadlines are stated.
One thing I found most interesting about this article is the expectation of the masses getting interested in owning silver during the 3rd wave up of the 2nd major phase is within the context of Elliott Wave theory.
icon url

DeeDog

03/12/12 1:21 PM

#12263 RE: retiredyoung99 #12261

Thanks for helping to provide balance to the board ry99.

I agree with selling some (not all) after a strong uptrend, should that happen...ie high RSI, pps above the upper BB, etc, but I like USS long, so I should say "flip" rather than "sell".

As far as being "under water", I keep thinking about Sprott and/or other whales buying up to .75 (now 3.75) and I only bought up to .71 (3.55), which makes me feel better in a relative sort of way (some comfort that smart money was buying higher than I).

Makes me feel even better that I averaged down, with my last buy at 2.10 so I'll be "afloat" at 3.11 now and I'm confident we'll be above that price soon. Regarding a partial sell, I can't wait to flip USS, even tho I have seldom flipped stocks.
:)

From what I read and see, I would expect some volatility after the uplisting, but what's new? No surprise there.

Anyway, thanks for your posts.
There's nothing wrong with cautious optimism.
I'll check to make sure I have you member marked.
Update, I checked - you were previously marked.
Dee
icon url

Silvergoldenapple

03/12/12 1:58 PM

#12264 RE: retiredyoung99 #12261

No real investors of USSIF are underwater IMO!
If you are in for a trade then maybe you are. But as investors we realize that the potential here should be extraorinary. Investors have no reason to sell. We just sit back and enjoy the bumpy ride. That is the difference between investing and trading. Investors do not sell underwater unless the fundamentals have changed. Only time will prove who is right! In any event, I have a feeling that even the traders here will make out like bandits here if they have a little patience. If someone sells at $5.00 that would be a huge return and I would say congratulations. Those kinds of profits do not come along that often. I can really see no better place to park my money than this little Silverapple! (As long as the fundamentals of Silver and the company do not somehow change.) Mining stocks at best are very risky to say the least. However, I feel that these are unusual times as in a "once in a lifetime opportunity!"