posted on Mar, 24 2011 @ 06:54 PM
reply to post by jude11
So in your opinion, how long to wait to buy more? I held off today as I seen this coming. But for how long do you think? - jude11
Hey jude. I can't answer your question with certainty, noone can, and often "what we think" really translates to "what we wish". I can tell you that
with my trading allotments I try to let price lead, buying specific price points on the way down, and selling 'em on the way up. IMO, trying to trade
tops & bottoms in this market can be harmful to your account balance, and other living things. I nibbled at a couple of undervalued Jrs today, and
have bids sitting well below market on a couple of majors should we see more downside than I anticipate. Typically price remains under pressure into
OpEx (sarcastically - the precious metals discount window), that would be Monday, but lets see what happens as we head into Asia tonight.
Gold's reaction to Silver margins....
CME hikes Silver margins November 9, 2010
Somebody got a jump on the news
*Nothing in this post should be construed as reliable investment advice*
edit on 24-3-2011 by OBE1 because: Light Housekeeping