tag:blogger.com,1999:blog-8706418327765086990.post2643712187751089423..comments2023-10-19T06:27:43.628-04:00Comments on Investophoria - "that feeling of triumph when you tame the bear and the bull": A Non-Asset-Related PostUnknownnoreply@blogger.comBlogger11125tag:blogger.com,1999:blog-8706418327765086990.post-42508962931001391702010-02-02T17:23:32.309-05:002010-02-02T17:23:32.309-05:00If a person had say four, $1000. face bags of junk...If a person had say four, $1000. face bags of junk silver would it be advisable to sell one now in the hopes of buying more silver at a much better price?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-35946852688670260732010-02-02T14:00:16.707-05:002010-02-02T14:00:16.707-05:00Derek I agree that we could easily see a breakdown...Derek I agree that we could easily see a breakdown in the Silver prices but It seems Gold is marching to a different drummer. India and China are looking to make a major purchase if Gold gets down to the $1000=$1050 range. Silver does not have that support. Short term of course anything is possible, but price of gold in 12-18months will be 1200-1500/oz.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-63677762601852243712010-02-02T10:22:17.732-05:002010-02-02T10:22:17.732-05:00Will your Roth allow you to buy put options, or ca...Will your Roth allow you to buy put options, or can you only go long individual stocks.<br /><br />There is certainly a major move coming to the downside in broad-based financials, and as such FAZ might make a good swing trade for a couple of weeks. However, I would not hold on to it too long because a 10% move followed by a 5% correction wipes out a lot more than 50% of your gains.<br /><br />Derekhttps://www.blogger.com/profile/13922443022368556258noreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-28552864694126668812010-02-02T10:17:29.735-05:002010-02-02T10:17:29.735-05:00aye, even E-Trade won't let you short FAS... ...aye, even E-Trade won't let you short FAS... I need a better on-line brokerage =(Ianhttps://www.blogger.com/profile/09952905475502990962noreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-83644501220007303112010-02-02T09:59:06.051-05:002010-02-02T09:59:06.051-05:00Can you buy FAZ instead of the short. My roth will...Can you buy FAZ instead of the short. My roth will not let me short stocks.<br /><br />Thanks,<br /><br />Kiley Kuhl<br />Wisconsin USAAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-48692188525802763412010-02-01T23:53:22.966-05:002010-02-01T23:53:22.966-05:00Hi Derek
I'm looking for a service that will h...Hi Derek<br />I'm looking for a service that will help be in the best vehicle to make money on the way down and when bottom is reached, make money on the way up....I am 72 so I'm not interested in high risk situations.....Want to accumulate physical gold and silver, plus trade mining ETFs....Enjoy your blog very much....Looking forward to your service...<br />Brad/Longview, TXAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-41763622965832458572010-02-01T21:52:45.933-05:002010-02-01T21:52:45.933-05:00Hi Derek,
You asked for input from people as to w...Hi Derek,<br /><br />You asked for input from people as to what they would like to see on your blog.<br /><br />I'm not very adept at shorting stocks/puts/calls, etc. I have for the last 10 years been putting into my 403b retirement account and my Roth IRA primarily, almost exclusively gold mutual funds and have done well. But in the summer/fall of 2008, I was aghast at how quickly my Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-83438455001796353152010-02-01T15:10:09.261-05:002010-02-01T15:10:09.261-05:00Cindy,
You may be nominally correct, however to t...Cindy,<br /><br />You may be nominally correct, however to truly measure sentiment it helps to look at the Dow:Gold ratio (if you are not familiar with it, it is the number of ounces it takes to buy one share of the Dow Industrials). It peaked in 1999 far outside any normal range of optimism and has plummeted ever since. We are anticipating a Dow:Gold ratio of 0.5 or less by the time this majorDerekhttps://www.blogger.com/profile/13922443022368556258noreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-44423376383008322712010-02-01T14:44:51.593-05:002010-02-01T14:44:51.593-05:00Derek,
Please check out the 1986 to Present month...Derek,<br /><br />Please check out the 1986 to Present monthly chart of the DJIA at stockcharts.com. It is located in the historical charts section.<br /><br />I believe I see a long term head and shoulders top. Left shoulder occured in 2000 at 11149, head in 2007 at 13930, right shoulder January 2010 at 10767. Please let me know your thoughts.<br /><br />Thanks,<br /><br />Cindy S.Cindynoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-59229055622233049582010-02-01T14:23:28.788-05:002010-02-01T14:23:28.788-05:00There's a whole heck of a lot going on in that...There's a whole heck of a lot going on in that chart!<br /><br />I'm fairly familiar with the wave theory, and I like it for some reasons but don't like it for others, and as such I might pull it out from time to time to get some perspective but it certainly isn't my top analytical tool by any means.<br /><br />As for silver and gold themselves - if you read back over the last Derekhttps://www.blogger.com/profile/13922443022368556258noreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-70599474278734311912010-02-01T14:05:56.102-05:002010-02-01T14:05:56.102-05:00Hi Derek,
I copped this from an SLV site which co...Hi Derek,<br /><br />I copped this from an SLV site which correlates with what you opened with.<br /><br />>"The wave group think we're probably getting close to the end of this first down-leg and will probably start a counter-trend bounce before too long. Think I have some charts on what to look for to see when the bounce may start.<br /><br />First up, silver (EOD) cut/paste the Anonymousnoreply@blogger.com