Hi everyone,
I going to turn this blog to invitation blog only.
Which would like to know how many people is viewing my blog... hope to see show of hand by post comment in my blog.
If you are unable to view in the distant future, please send an email to abzeno@gmail.com
Take care and hope to see your comment soon.
Bye for now.
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I read this blog usu daily.
ReplyDeleteMy comment is a question,
Preditor, what do you think of silver at 30~31 and gold at 1400~1440, are they a buy?
Hi Preditor, I check your blog daily for any updates. I find your insight to be very enlightening. I would like to continue visiting your site, and learn from you. Thank you. Aseng
ReplyDeleteHi Bob and Aseng.
ReplyDeleteYour gold target and silver target is reasonable, but the silver is abit bearish in this short term... so US$30 should be a good target but if you don't mind a few, don't hesitat to take your position or target once the price is reach. prepare liquidity for the squeeze at least 2:1 ratio margin per contract, thing is get nasty from here, so if you are happy with your profit take it ..
Don';t forget to use this wonderful dip to add your physical silver and goldif you are able to do it.
One thing to take note, Dollar gain Versus Yuan ... this is fishy move here... don;t get carry away by this short term dollar strength.
my short in S&P is looking good, after a few lose point in S&P in my previous position, Let see how the market will do today
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Good trade everyone
Today i will try to long in silver mid - position.. let see how the market do in the opening.
ReplyDeleteWill close my short in S&P today which i will update in my post later today.
for oil, look pretty bang down... might going into long today..
Today felt like in buying mood... I will take long position today.
Cheer everyone
Hi there...looks like there were some comments here earlier that got deleted due to a problem with blogspot. Anyways, I'm seeing a shift in the markets as well. Looks like the dollar has made a bottom and is about to turn higher, putting pressure on commodities. I've initiated a short in Wheat from 800, adding some more on the way down. I missed the euro short (good job on that one pred) and I think that there might be other currency short plays that are good. I want to short Euro but not sure if I should initiate here at 1.41, or wait for retrace. Tough call. However, Aussie looks better short to me. It ran straight up to 1.10 and now has fallen to 1.06. I have a target of .89 (the September 2010 break low). What do you guys think, any other suggestions for dollar bull plays at this moment? On the other hand, I agree that gold and silver are down for a while. Could be several months before it looks good to buy, we will see. But I do not think gold will go below 1400. I'm of the belief that we will have a chance to buy it again between 1400-1430 or so which will be a great opportunity. Hard to say when, but my guess would be end of summer. Thus, my theory is that commodities will fall into the summer, bottom, and once again rise into year end. Anyone care to clarify these thoughts? Pred, what do you think?
ReplyDeleteI had a quick follow up. It seems like the euro fell so fast from 1.49 to 1.41 where it is now. My feeling is that we might get some retrace; the liquidity party of Bernanke might not be over so suddenly...we could well have a few more weeks of it! How does a euro short at 1.45 sound? I'm feeling pretty good about this idea and the chance it will get there.
ReplyDeleteHi Og..
ReplyDeleteI update new post...
I will move you comment to new post..
Cheer