SLV | Page 3 | TigerDroppings.com
Posted by
Message
LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: SLV

Agreed.


Ace Midnight
LSU Fan
Currently asymptomatic
Member since Dec 2006
36049 posts
Online

re: SLV
Russian - what should I look at for an exit position from this?

It looks like it has trouble at about $22 since May, except for that bump from late August to mid September - $21 6/8 would be up $2 1/2 that would be about 12% (for me).

Does this thing move primarily on the spot price of silver?
This post was edited on 11/21 at 8:08 am


Lsut81
USA Fan
Member since Jun 2005
65662 posts

re: SLV
quote:

Russian - what should I look at for an exit position from this?


I don't know about him, but I'm going to ride it up to between 22-23

Looks like that is about where it runs up to then drops back.


Replies (0)
Replies (0)
LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: SLV
quote:

Does this thing move primarily on the spot price of silver?
I think it's a combination of spot and futures prices.

quote:

what should I look at for an exit position from this?
That depends on your risk tolerance.

I adhere to Warren Buffett's saying, "No one ever lost money by taking profits."


Ace Midnight
LSU Fan
Currently asymptomatic
Member since Dec 2006
36049 posts
Online

re: SLV
quote:

I adhere to Warren Buffett's saying, "No one ever lost money by taking profits."


I just started this year - I've lost money on a put option, but I haven't lost money on an equity buy, yet. I don't do a good job of putting in stops, but I get a feel for a stock and *knocks on wood* haven't lost any money at the exit point.

quote:

That depends on your risk tolerance.


Over 5 months, I've dabbled in a little bit of everything - dividends, pennies, an undervalued REIT - this is my play money, "found money", if you will. I just don't know anything about metals. If this thing can double in 3 or 4 years, after halving by January, I can live with that. I mean, silver is never going to be worth nothing, right?

quote:

I think it's a combination of spot and futures prices.


I can live with that - I think I got it pretty low - I may just let it ride for awhile. If it jumps to $22 pretty quickly, I might just take the money and run.


Lsut81
USA Fan
Member since Jun 2005
65662 posts

re: SLV
quote:

"No one ever lost money by taking profits."


Well frick, I better not sell right now


Replies (0)
Replies (0)
LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: SLV
quote:

but I haven't lost money on an equity buy, yet.
I wish I could say that....

quote:

I just don't know anything about metals.
Apparently, me neither.

quote:

silver is never going to be worth nothing, right?
Right.

Right?!?!?

Right. Bitcoin on the other hand....


Ace Midnight
LSU Fan
Currently asymptomatic
Member since Dec 2006
36049 posts
Online

re: SLV
quote:

Right.

Right?!?!?


Remember the Hunt fiasco? (Okay, maybe I do know a little about metals, but only obscure historical stuff - not actually how to "make money" with them. )


LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: SLV
quote:

Remember the Hunt fiasco?
I've studied about it in history if that helps.

If you had been on this board about 3 or 4 years ago when precious metals made their big move up you would have read numerous posts predicting gold was going to hit $5,000/oz and silver was going over $100/oz. I was not one of those posters.


Ace Midnight
LSU Fan
Currently asymptomatic
Member since Dec 2006
36049 posts
Online

re: SLV
quote:

If you had been on this board about 3 or 4 years ago when precious metals made their big move up you would have read numerous posts predicting gold was going to hit $5,000/oz and silver was going over $100/oz. I was not one of those posters.


Same types of nuts who make dire predictions about AGW - dangerous to assume that a complex system will not adjust to changing conditions.

Oh, and I just put a stop in on SLV at $18.55 - I know enough to know that I don't know anything.


Lsut81
USA Fan
Member since Jun 2005
65662 posts

re: SLV
quote:

Oh, and I just put a stop in on SLV at $18.55 - I know enough to know that I don't know anything.


Selling out already?


Ace Midnight
LSU Fan
Currently asymptomatic
Member since Dec 2006
36049 posts
Online

re: SLV
quote:

Selling out already?


No - capping my losses at 3%, should they occur.


Lsut81
USA Fan
Member since Jun 2005
65662 posts

re: SLV
quote:

No - capping my losses at 3%, should they occur.


See, I don't see PM's like a normal stock... Its not like Silver is going to go out of business and you will lose everything.

I can let it sit for a few months and go from there.


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
57960 posts
Online

re: SLV
I'm gonna be in at $19.00. I think $20,000 is a good number.


Lsut81
USA Fan
Member since Jun 2005
65662 posts

re: SLV
quote:

I'm gonna be in at $19.00.


Did you get in at 19?


TigerTatorTots
LSU Fan
Mandeville, LA
Member since Jul 2009
68748 posts
Online

re: SLV
Come on line graph...keep going UP! That'll do it...keep on going!
This post was edited on 11/21 at 11:29 am


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
57960 posts
Online

re: SLV
$19.10 I think


econ85
Longwood Fan
Member since Nov 2012
572 posts

re: SLV
I'm on the silver train as of this morning. I bought 20 contracts of the Dec 17 calls for AGQ.



Replies (0)
Replies (0)
William Stephenson
UNLV Fan
Mare Liberum
Member since Oct 2013
377 posts

re: SLV
Silver various stat data (prev. 180 trading days--using front month rolling futures; using Friday's close)

Correlations
S&P 500: -61%
WTI Crude: -33%
Euro: -35%


Gold: +96%
Copper: +86%
30-YR Treas: +60%
10-YR Treas: +59%

Implied Vols (futures options)

Mar '14 Silver Implied Vol : 27.17%


Mar '14 S&P 500 Implied Vol: 12.97%
Mar '14 30-YR Implied Vol: 8.35%

Apr '14 Gold Implied Vol: 18.99%

June '14 S&p 500 Implied Vol: 14.37%







Cmlsu5618
McNeese State Fan
Destin, FL
Member since Sep 2010
3370 posts

re: SLV
Don't look now Russian.

It's been a tough one for SLV today...


Jump to page
Page 1 2 3 4 5 ... 15
Jump to page
Page 3 of 15

Back to top

Follow TigerDroppings
Follow us on social media and get the latest updates.

FacebookTwitterInstagram