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The Lunatic Fringe - Trading talk.

Lancers32

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Interesting.


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Lancers32

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Never the brightest bulb on the tree. A long time thief and a liar. Watch the Clarence Thomas interview on YouTube to see what a schmuck this a$$clown is. Just two years old you can clearly see how quickly the dementia has gotten worse.



 

Lancers32

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Second chance to buy yesterday's lows. Up in the air about it really.
 

Lancers32

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GDX up against the early May lows under $34.50.
 

perry

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this is Fed manipulation at its finest.
 

Lancers32

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this is Fed manipulation at its finest.

OK. If you knew the casino was playing with a stacked deck would you play against them?
 
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Lancers32

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Major reversals going out on the lows of the week. Not good. Could get very ugly from here.
 

Tbonz

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OK. If you knew the casino was playing with a stacked deck would you play against them?
Lancers, you've been playing the game for much longer than I have, from the information you've shared you've figured out how the game is played.

When I look at an investment, I want to have as much information, charts, technicals, etc. the first thing I look at is where is the MOST money to be made in this trade, and then the easiest.

The market is rigged, you just have to figure out which side the house is on and you will be more successful than not.
 

Lancers32

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You can most likely make much more money playing the juniors than with something like SILJ but at this point I would rather avoid single stock risk. Unless Silver does a deep dive back towards $23.50 the risk/reward would favor buying extreme weakness next week. I don't think the daily bottom around Friday's close in SILJ holds but there is some support at $15.00 for starters. Big gap above $16.30. Gold might want $1700-$1725 so be careful.

$14.54 is the halfway SILJ $18.84-$10.24.



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Lancers32

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WTF is up with the speech impediment? The baw da?






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Lancers32

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BTC slightly higher bottom 34.8K. I wonder if a further rally in the DX kills it. Dollar looks a bit overbought yeah?
 

Jodster

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You can most likely make much more money playing the juniors than with something like SILJ but at this point I would rather avoid single stock risk. Unless Silver does a deep dive back towards $23.50 the risk/reward would favor buying extreme weakness next week. I don't think the daily bottom around Friday's close in SILJ holds but there is some support at $15.00 for starters. Big gap above $16.30. Gold might want $1700-$1725 so be careful.

$14.54 is the halfway SILJ $18.84-$10.24.



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Ironically I’m looking at picking up more SILJ. Just a wild ass guess but you think it will dive to $14.50?
I had $15.25 as my option.
 

Lancers32

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I would bid $14.50 and watch for a spike low early Monday if we do open lower. Anyone's guess here really. Last couple of days it has not paid to follow early strength.
 

jelly

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S&P isn't looking so good. Negative divergence in the MACD and RSI.
Close below the 50-DMA on increasing volume.
Potentially a sign for a reversal here with more downside to come.
Unless they keep making it go up, of course.
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Lancers32

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These jagbags find this $hit funny.

 

Lancers32

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Range bound until it isn't.
 

Lancers32

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Martin Armstrong is a very bright guy but someone needs to tell him you cannot collect unemployment if you quit your job.


 

Lancers32

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Sum Yung Ju no likee Bitcoin.


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Lancers32

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Metal up muted response by most miners.
 

Jodster

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Metal up muted response by most miners.
I bought the dip and then watched everything drop another 5-10%.
We’re gun-shy and out of dry powder.
it’s gonna take baby steps to get momentum back...
 

savvydon

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I bought the dip and then watched everything drop another 5-10%.
We’re gun-shy and out of dry powder.
it’s gonna take baby steps to get momentum back...
I hit a limit order on some SLV 1/23 call options... just in case this thing takes a while.
 

jelly

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I hit a limit order on some SLV 1/23 call options... just in case this thing takes a while.
Me too. I think we want to give ourselves time at this point. Realistically, it could be another 6 months before we start moving higher.
 

Lancers32

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Me too. I think we want to give ourselves time at this point. Realistically, it could be another 6 months before we start moving higher.


Ya think? We have been correcting for over 10 months now I would say if we are going higher we won't be correcting for too much longer. Otherwise it's cooked.
 

Zed

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BTC is currently nudging the top of its range harder than the bottom. If it breaks lower it will be spectacular but the short term bias appears to have shifted higher.

A day later and we are giving the lower bound a harder nudge, short term looking weaker for now. Still no significant break.
 

Goldhedge

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FWIW

BITCOIN BEN - WE ARE WITNESSING THE BIRTH OF A NEW AMERICA, [DS] IS POWERLESS​

 

savvydon

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Lower today than Friday?
I don't know what the hell happened. I was dancing all around the limit order on Friday but it didn't fill. I didn't get back to the house until this afternoon but when I did it was filled.:don't know:
 

Zed

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dpong

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Sold FSM on Monday due to a 40% trailing stop off the highest price traded.

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Lancers32

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Bitcoin breaks through the double bottom. Rallies are possible from the 20's but getting the feel this ends up like the Uranium play last bull. They take a long time to come back in any meaningful way. Standing aside everything. Long a handful of 2023 SLV calls no stocks nothing.
 

dpong

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My Weekend Trend Trader system sold 5 stocks on Monday after going to condition red on Friday -- because S&P 500 weekly chart closed below its 10 week moving average. Sold Chicos FAS (CHS) of which I had high hopes. Still about a 38% win.


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