Market Curiosity: Exploring Markets And Systems

September 17, 2012

“Nothing, but nothing, moves like silver.” Maybe no weekly dip for another 4 weeks. -100% (update 4, Jan 21)

Filed under: -Below -100%, Long Calls — Tags: — Jeff Fitzmyers @ 11:00 am

September 16
Don’t recall who to attribute the quote too, but it has always stuck with me.

EDIT New image: (can now compare current rise with past rise directly)

Old image:

I’m not big on “targets”, and these might not be drawn correctly, but here are a few.

Related:
+ The obvious and GARGANTUAN silver opportunity
+ Silver And Gold – Long If A Buy Stop Triggers Near Yesterday’s Highs.
+ Silver: 4 Reasons To Be Long

Update September 17, 2012: Bought a few JAN 2013 70 calls for 0.010 on the dip (for fun). The chances of them ever being worth anything is very remote. And if silver explodes, the chance of being paid for holding them just as remote 🙂 That’s why it’s “for fun”. (Sep 18: I left an open order for some more and was filled at 0.005 🙂

Update September 30, 2012: Bought a few JAN 55’s for 0.04 for fun too.
+ New Silver Upleg

Update 3, October 21:

Update 4, January 21, 2013:
Cheap options usually expire worthless. 🙂

SIH13 daily jan 17 2013

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