silver, page-22

"Wrong unsinkable. How did I predict the recent low around $26.50 and strike right at the low"

Are you telling me you can pick the exact lows and highs El Capo? Are you seriously trying to tell me you can do this? lol, you picked $26.50, congrats, hope you made a killing but most of all your other predictions didn't happen and you had to 'cover your shorts' or 'close out your longs' because the market was moving in the opposite direction...

"Buying the dips" is for people who don't know how to predict markets and prefer not to use the term "averaging down" which is a general no no. Of course no one will always be right."

Buying the dips is actually the smart thing to do, in something that is 100% CERTAIN to go up over the next few years and beyond like gold and silver... Short term trading is no way to play silver because it's very volatile and can move quickly with not much warning... The big gains will come to those that are patient and get the 100, 200, 300% moves... I have been investing in gold since it was $500, and silver when it was around $17, picking up more when I can and on dips. I couldn't imagine what would have happened if I just kept trading it, nobody can pick the exact moves every time, and the times you don't will hurt you..

"As it stands now I am shorting silver. Here are the facts. Short term and medium term trends are down. Lower double top in place. Reversal on intraday chart today is bearish with stops above todays reversal high around $27.75. Iactually can't see this stopping at my TSI level either but I may be wrong."

Good luck El Capo, but if silver moves up around 2% today or tonight, you will most likely be covering your shorts and going long, lol...

I actually hope your prediction of $22 comes true so I can load up the truck at give away prices...