[persian54]

i want to get into aapl again but it seems to damn high..

[stylinexpat]

SLV has been a great payer. Been paying pretty much all the time with Silver prices continuing to climb. LVS is also looking ripe now for another pop soon.
AMD had a nice climb the last few days.

[VenomBMW]

Originally Posted by persian54

i want to get into aapl again but it seems to damn high..

It broke resistance but it'll drop.

[VenomBMW]

Should I buy SLV now?

[VenomBMW]

The dollars is down and I think SLV will hit $50 by may.

[stylinexpat]

Originally Posted by VenomBMW

Should I buy SLV now?

I bought more on Friday. Only way my order went through was at market due to so many people buying during the last hour of trade on Thursday. It is risky for the time being to enter a new position now because we have had quite a run up until now. If you have some positions you could take some profits off the table to be on the safe side.

http://seekingalpha.com/article/2649...s?source=yahoo

I have been posting about AMD for a while now. Before closing bell on Thursday there was quite a spike in buying so let's see what Monday brings us

http://www.marketwatch.com/story/sto...MW_latest_news

http://www.engadget.com/2011/04/22/a...-million-fusi/


NVDA is a good one to keep an eye on this next coming 2 weeks. I reckon it will drop before earnings and then maybe spike on earnings report or even run up a few days prior to earnings like Apple did.

http://www.investors.com/StockResear...Corp-NVDA.aspx

[greycrx87]

Originally Posted by VenomBMW

The dollars is down and I think SLV will hit $50 by may.

went short on SLV and AGQ for a quick trade....RSI indicates it's way overbought (near 90)..it will pull back a few points...but long term trend is still up..

[VenomBMW]

I have about $32k in precious metals funds but would like to get into gold option/futures. Any ideas on promising ones?

[VenomBMW]

Originally Posted by stylinexpat

I am holding some January $30 SLV calls. Recently I like LVS as well. Ford was supposed to take off but some dirty downgrade dragged it down today.

Haha. You've been with SLV for a while.

[stylinexpat]

Originally Posted by VenomBMW

Haha. You've been with SLV for a while.

It has been good Best to stick with the flow.

http://www.benzinga.com/commodities/...v-udn-jpm-hsbc

[stylinexpat]

Originally Posted by greycrx87

went short on SLV and AGQ for a quick trade....RSI indicates it's way overbought (near 90)..it will pull back a few points...but long term trend is still up..

At $49-50 short position could possibly do well. This pump may just be the last pump before we turn around or just continue going up driving every short speculator straight to cleaners declaring bankruptcy.

[Chowbow]

Originally Posted by stylinexpat

It has been good Best to stick with the flow.

http://www.benzinga.com/commodities/...v-udn-jpm-hsbc

Originally Posted by stylinexpat

At $49-50 short position could possibly do well. This pump may just be the last pump before we turn around or just continue going up driving every short speculator straight to cleaners declaring bankruptcy.

Sold my NVDA shares. Opinions on getting into silver for the short term at $45.xx? Seems there might be a better buy but the crazy run that SLV has had in the past few weeks is tempting me. Think I can buy and hold until $50?

[stylinexpat]

Originally Posted by Chowbow

Sold my NVDA shares. Opinions on getting into silver for the short term at $45.xx? Seems there might be a better buy but the crazy run that SLV has had in the past few weeks is tempting me. Think I can buy and hold until $50?

Try to update you on Sunday very late night. I'm thinking that we see a pop on Monday. You could sell that pop and your profits if you want. Sometimes it is best not to get greedy

[Chowbow]

Hee hee, yes that's usually the best bet. I already hold some SLV anyway so I will hold onto that for a bit longer. I'm undecided on whether I'll add some more shares. Let me know what you see in the Asian/Euro markets on their Mondays.

[stylinexpat]

Originally Posted by Chowbow

Hee hee, yes that's usually the best bet. I already hold some SLV anyway so I will hold onto that for a bit longer. I'm undecided on whether I'll add some more shares. Let me know what you see in the Asian/Euro markets on their Mondays.

I think we see $50 and if $50 clears then $60 and when that clears we shoot to $80. Most likely shoot straight up just like inflation did and just like the dollar lost value. US holds a lot of Gold and Silver reserves for a reason. Something is cooking and it is cooking now. Better to go long and book profits on the way up.

[pt]

Originally Posted by greycrx87

went short on SLV and AGQ for a quick trade....RSI indicates it's way overbought (near 90)..it will pull back a few points...but long term trend is still up..

Ditto. Time to let some loose for now and buy back when it comes back in.

I'm wondering if anyone has advice on a decent vehicle/ETF to short treasurys? Anyone else considering taking up such a position?

[stylinexpat]

I posed this before on another forum that the US could be manipulating Gold and Silver prices to spike for a reason. The US holds one of the largest reserves of Gold and Silver. Due to inflation and a weakening Dollar along with the high level of debt that the US has they may one day use Gold and or Silver to pay off debt. By the USD actually weakening it is actually good for the US. They are learning from the Chinese now. I just now saw thai article after I had posted this on another forum.

Is gold rising because America is broke?

http://www.ibtimes.com/articles/1374...llar-price.htm

[BayMoWe335]

Originally Posted by VenomBMW

Fuck stocks. CSCO is bumming me out. I've got over tens of thousands of dollars in it. I'm going to put in another $20k to profit off of it when it goes back up sometime this century. But I'm looking to go into GOOG now. Looking good but imma wait this week off bc it's still falling.

Gotta be patient. I now have 3700 shares at $17.90. I certainly feel you pain though. It's frustrating.

I might be wrong, but I think they'll have a reversal of fortunes on May 11.

The stock has not recovered AT ALL since their last report. In fact, it's lost another 10%+.

I know people hate the stock, the company, and mostly the CEO. Juniper proved they aren't kicking as much ass as people thought by their "OK" quarter. Cisco is a giant with huge cashflow, tons of cash, enormous market share, and a beaten down stock with a 9.8 forward P/E. I'm not saying it's going to $30, but it's been oversold by several dollars.

I don't usually get into price targets, but this article should make you feel better about CSCO. Remember, stocks move fast (owning CSCO, you know this). I don't see a lot more downside potential. You get out now, I guarantee you'll miss the move higher. http://seekingalpha.com/article/2650...t?source=yahoo

If you owned Best Buy, I'd be worried. But networking isn't a dying business. Cisco just needs to re-invent. Killing Flip was step 1.

[stylinexpat]

Party time Up nicely in Asia today Look for $50 this week

http://www.kitco.com/market/

[xoxoluvcrisxoxo]

BIDU, whats your take?

[VenomBMW]

Originally Posted by stylinexpat

Party time Up nicely in Asia today Look for $50 this week

http://www.kitco.com/market/

Hey, I literally just bought 1000 shares of SLV. You gonna be correct in your prediction?

[stylinexpat]

Originally Posted by VenomBMW

Hey, I literally just bought 1000 shares of SLV. You gonna be correct in your prediction?

I'm not holding a crystal ball in my hand. If I were holding one I would be super filthy rich. Long term and overall Silver will do well and has been doing well. Entering now is risky because we have had quite run so it would not be out of this world to see a pullback. I called Silver long ago and not just today.

When did you buy SLV and at what price?