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TFC Commodity Trading Forum

Re: The Canary is singing! - .Silver/Ronbo *PIC*

I'm doing ok hunkered down here doing little of anything. Nice to let the world go by. I do think Silver is acting just like it did in 1979 when I stopped trading it at $22 and left it alone. It just went nuts with everyone and his dog talking about it like now and everyone a wild eyed bull. Even my broker thought I was crazy quiting trading it when I had started at $10 bucks and traded it up to $22 and left it alone. Waaaaayyyyy too much company for my liking. When everyone agrees I was right it's time to switch or walk away. Wasn't into shorting it so found other things to trade. In mid August 1979 Silver was under $10 bucks. And by early January 1980 it was over $50. All in less than 5 months. And it was OVER.Crash and burn time with everyone buying the 'dips' all the way down. Over time you knew better than to even bring up the subject of Silver or get your head ripped off by someone who got burned. But hey, it's different this time right,LOLOLOLOL. Enjoy the holiday. Everyday is a holiday for me now.

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Re: The Canary is singing! - .Silver/Ronbo *PIC*