Lesson to learn here… trading is harder then it looks. When I took a short position last week when the spx was at 1581 I had the patience to ride it out all the way up to 1597, but then when we sold off on Friday I closed out my short for a small loss thinking that was all the downside we were going to get. I even turned and bought a small long position.
Today we see another move down, which would have doubled my short position should I have held it. Then I could have went long this morning as I still feel we are going back up to 1610-1630 area. So while my long position is down right now I must not sell out when it goes back up to breakeven as it to has the potential to double my money (triple if we hit 1610), which would make up for the small loss I took Friday.
These spreads I do have the potential for really nice returns if one can ride out the 50% loss one day and 200% gain the next day, as those types of wild swings are mentally tough to watch and can shake out the best trader.
As we all know that the crooked banksters JP Morgan are heavily manipulating silver all the time as they have huge short positions and can’t let it rise up to much or they will get hit with margin calls that they can’t fill. So what they do is borrow shares that don’t exist and sell them into the market place to drive down the price hard every time silver starts to rally.
Last week we practically seen a mini-crash in gold and silver, cause them to both drop like a rock. Silver is unlike gold as it’s actually used up in consumer electronics and stuff, whereas gold is held onto in jewelry and the likes. Therefore silver is actually much more scare then gold is while the demand is much larger then the available ounces mined.
So if you were a gangster crooked bank like JP Morgan and something bad happened overnight that would diminish the supply of silver by 16% in one quick instance what would you do? Obviously once the world knew what happened to cause such a huge loss of silver production the price of it would soar through the roof… meaning that you had better do something to prevent this huge run up in price or get hit with margin calls.
And the mini-crash in gold and silver is what the banksters at JP Morgan did last Friday as they knew about this landslide prior to the rest of us sheep and keep it quiet in the media for fear of a gap up in silver prices. This is clearly fraud in every manner but do you think they will arrest Jamie Dimon for manipulating silver down hard on Friday so Monday’s rally will just likely recover some of distance it fell instead of breaking out into a huge rally that would cause these assholes to get hit with margin calls?
Hell no, the government won’t do anything to Dimon as they are in on it too! If it were up to me I’d string him up a tall tree with a rope around his neck and ask for volunteers to smack the horse he’d be sitting on… which I’m sure I’d find plenty of volunteers.
Gold was down 5%+ on Friday. I know the margin calls were going out fast and furious on Friday. Gold dropped below its weekly lower BB so there is a possibility of a gold crash on Monday something that no one is looking for. Friday’s 5% action just being the prelude. And that triggering pronounced downdrafts in other markets.?
Monday is 4-15 (Fahrenheit 451????)(It is a a PI 314 days from Ray Bradbury’s passing on the day of Quetzacoatls return, 6-4 last year—-130 days from the ceremony dedicated to Ray Bradbury in LA when a certain instersection was renamed Ray Bradbury square ie 12-6-12…)
4-15 is also the Mayan # 2013 calendar days from the 10-11-2007 high, 1501 days from the 3-6-9 low, 1330 weeks from the lesser grand ritual episode 25 years ago, 1033 trading days from 3-6-9 and 1385 tds from 10-11-2007. All very intriguing numbers.
Then we have “42” being released yesterday in honor of the upcoming Jackie Robinson day on 4-15.
Two Lincoln movies have been released in the last year including one directed by mega billionaire Hollywood establishment director Steven Spielberg. Daniel Day Lewis won the Oscar this year for best actor for portraying the US’s 16 th president. Lincoln was assassinated on 4-15—–1865.
30477 days from the other lesser grand ritual….3477===777
Lesson to learn here… trading is harder then it looks. When I took a short position last week when the spx was at 1581 I had the patience to ride it out all the way up to 1597, but then when we sold off on Friday I closed out my short for a small loss thinking that was all the downside we were going to get. I even turned and bought a small long position.
Today we see another move down, which would have doubled my short position should I have held it. Then I could have went long this morning as I still feel we are going back up to 1610-1630 area. So while my long position is down right now I must not sell out when it goes back up to breakeven as it to has the potential to double my money (triple if we hit 1610), which would make up for the small loss I took Friday.
These spreads I do have the potential for really nice returns if one can ride out the 50% loss one day and 200% gain the next day, as those types of wild swings are mentally tough to watch and can shake out the best trader.
Gold update: http://niftychartsandpatterns.blogspot.in/2013/04/gold-chart-update.html
Crazy. Haven’t been playing the metals, thankfully, as I think we’re heading into deflation
As we all know that the crooked banksters JP Morgan are heavily manipulating silver all the time as they have huge short positions and can’t let it rise up to much or they will get hit with margin calls that they can’t fill. So what they do is borrow shares that don’t exist and sell them into the market place to drive down the price hard every time silver starts to rally.
Last week we practically seen a mini-crash in gold and silver, cause them to both drop like a rock. Silver is unlike gold as it’s actually used up in consumer electronics and stuff, whereas gold is held onto in jewelry and the likes. Therefore silver is actually much more scare then gold is while the demand is much larger then the available ounces mined.
So if you were a gangster crooked bank like JP Morgan and something bad happened overnight that would diminish the supply of silver by 16% in one quick instance what would you do? Obviously once the world knew what happened to cause such a huge loss of silver production the price of it would soar through the roof… meaning that you had better do something to prevent this huge run up in price or get hit with margin calls.
Well this is what happened overnight…. http://silverdoctors.com/10-of-us-annual-silver-supply-just-vaporized
And the mini-crash in gold and silver is what the banksters at JP Morgan did last Friday as they knew about this landslide prior to the rest of us sheep and keep it quiet in the media for fear of a gap up in silver prices. This is clearly fraud in every manner but do you think they will arrest Jamie Dimon for manipulating silver down hard on Friday so Monday’s rally will just likely recover some of distance it fell instead of breaking out into a huge rally that would cause these assholes to get hit with margin calls?
Hell no, the government won’t do anything to Dimon as they are in on it too! If it were up to me I’d string him up a tall tree with a rope around his neck and ask for volunteers to smack the horse he’d be sitting on… which I’m sure I’d find plenty of volunteers.
You need to look into USPR at $0.15
New update for penny stock being sent out…
FACEBOOK Weekend update: http://niftychartsandpatterns.blogspot.in/2013/04/facebook-weekend-update.html
SILVER Weekend update: http://niftychartsandpatterns.blogspot.in/2013/04/silver-weekend-update.html
Gold was down 4%+ on Friday 9-23-2011 and then tumbled another 100+ dollars intraday on Monday the 26th before recovering to only close down $35.
Gold was down 5%+ on Friday. I know the margin calls were going out fast and furious on Friday. Gold dropped below its weekly lower BB so there is a possibility of a gold crash on Monday something that no one is looking for. Friday’s 5% action just being the prelude. And that triggering pronounced downdrafts in other markets.?
Monday is 4-15 (Fahrenheit 451????)(It is a a PI 314 days from Ray Bradbury’s passing on the day of Quetzacoatls return, 6-4 last year—-130 days from the ceremony dedicated to Ray Bradbury in LA when a certain instersection was renamed Ray Bradbury square ie 12-6-12…)
4-15 is also the Mayan # 2013 calendar days from the 10-11-2007 high, 1501 days from the 3-6-9 low, 1330 weeks from the lesser grand ritual episode 25 years ago, 1033 trading days from 3-6-9 and 1385 tds from 10-11-2007. All very intriguing numbers.
Then we have “42” being released yesterday in honor of the upcoming Jackie Robinson day on 4-15.
Two Lincoln movies have been released in the last year including one directed by mega billionaire Hollywood establishment director Steven Spielberg. Daniel Day Lewis won the Oscar this year for best actor for portraying the US’s 16 th president. Lincoln was assassinated on 4-15—–1865.
30477 days from the other lesser grand ritual….3477===777