Tag Archives: slv

Silver bullet…

Posted on Jul 10, 2016 by .




We recognize the cognative dissonance involved in being loud deniers of  forecasting and predicting on the one hand — and using the PnF system as a crystal ball (something of an exaggeration) on the other.  Well, you have to predict the future some way and this way is better than most.  And right now the system is looking for almost 2400.  We can believe that.  As they say, it might be fortune telling, but it’s our crystal ball.  Do not take any of this seriously.

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Silver rocket–Spx rocket–happy 4th…

Posted on Jul 04, 2016 by .





Good news or bad news?  Or no more news?  Silver breaks out — but it is now maybe, too hot to touch.  It has gone parabolic,  and you know what happens when an issue has gone parabolic.  In general they collapse and burn late buyers.  We will be watching silver this week to see whether to add-on or exit.  You can always buy and take your chances  — but you must stop it up tightly and watch it closely.  Of technical interest silver had three gaps before breaking out.  Then it had a breakaway gap and then a runaway gap — and went parabolic.

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Buying signals…

Posted on Apr 20, 2016 by .


While we were wrapped hand and foot negotiating a really bad transaction with the Internal Revenue Service prices snuck out to the upside, making new highs.  New Highs are always inflexion points and represent a battle zone for contrarians and investors.  We bought more.



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More of the same…

Posted on Aug 19, 2015 by .




Never ones to stick around when unwelcome we fled from our shorts in gold and silver.  Honestly it makes you think you ought not to do anything until this sidewave is done.  Our retreat from the metals is based on our insistence that trades go well from the beginning, or be left to the gents in Macau.  This is all a very refined lesson in how important the state of the market is, and the present state is somewhat like an irritated porcupine.

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Greased pig…

Posted on Jul 24, 2015 by .




As Mark Twain said about the weather in San Francisco:  If you don’t like the weather, wait a minute.

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