Thursday, June 9, 2011

H/S Pattern on SLV (reverse)

should be touching MA soon. Or maybe get another margin hike so they wont let it. LOL

24 comments:

  1. Sorry to be a dumb ass, but a head, shoulder, head means what next? Up or down? Assuming its a reverse pattern that means its going up?

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  2. Also, what site/software are you using to get your charts like the one above?

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  3. So, as I have managed to make 2.3% on my portfolio in the last 6 months (i.e. I suck at investing ). Are there any services out there who have our/ Schiff's mindset who only get paid commission on the earnings they make for their client and nothing if they loose them cash at regular intervals. e.g. I would be happy to pay 25% on my earnings. Its just even Schiff charges 5% commissions and thats just stock picks, not trading, even if he looses you money!

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  4. Garry,
    http://thepatternsite.com/hsb.html
    and
    http://stockcharts.com

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  5. Garry, go to stockcharts.com ... save the chart and then you can use Microsoft Paint, Photoshop or whatever other imaging software you want to mark up the chart.

    A reverse head and shoulders ... by the way ... incorrectly marked two heads "H" and one "S" .. Replace the S with H's and the H's with S .. ;-)
    The pattern is usually bullish if the stock can rally past the neckline on the completion of the right shoulder pattern.

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  8. I see a bear flag instead :(

    Tomorrow is options expiration day.. according to Jesse's American Cafe, there is always price manipulation in those days.

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  9. HSH SHS, you should know what Im talking about LOL,

    ZS eat a dick.

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  12. ZS ...

    First of all us Canadians are "Military'ed Up To our Asses" because we don't start wars or rely on the Military Industrial Complex to stimulate the economy.

    Secondly, we don't need anyone protecting our asses....because we don't stir shit up geopolitically in order to have our asses protected to begin with. Remember, you need the world's oil ... the world doesn't need American oil...certainly we don't need it here in Canada (2nd most oil reserves on the planet) which could also be why the US chooses to "watch our back"

    And when 9/11 hit .. what country took all the flights grounded and restrited from landing in the United States?

    See...he uses words like Fucktard to describe ignorant morons like you. CAn you name me one Canadian Financial Institution that got slammed by the economic mess created in the United States? You can't. However you can name many other international banks that took the fraudulant products out of American Institutions and in response, collapsed themselves.

    Did you know Canada lost 156 men and women of the armed forces in Afghanistan while the United States turned the war on Terror into an invasion of Iraq? Canadian Forces are still there, losing their lives in a War that doesn't involve them.

    So it's ok when you need Military support?

    Don't bash Canada man ..... you don't know what the fuck you are talking about when you do.

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  13. HAHAHA! ZS vs. SGS, two heavyweights going at it. big fans of both.

    I've decided that technical analysis is worthless when evaluating an investment derived on something else (such as SLV or an index ETF). what really matters is what the underlying does. am I wrong?

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  14. Who gave the USD permission to go back up? Whatever... as long as silver keeps climbing, USD can do whatever the F$&@ it wants.

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  15. TPTB have been guarding $39 fiercely. I highly doubt they're going to let it go past that amount anytime soon.

    In the meantime, keep buying physical and these lovely discounts!

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  16. @we the sheeple

    How those lnkd puts treating you?

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  17. I believe you called me a sheep and than said that you know what others don't about lnkd. I see your short july 70 puts are getting hammered. Well played. Have fun buying those back.

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  19. It was deleted because you suck. You will be treated like weather unit soon if this persists...go back to your graphs on your blog, and if you had a dick, you would enable comments on it...

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  20. Wow! ZS must really have struck a nerve with the CAN YUCKS!! LOL his post been deleted, he must have said something right. Danny boy don't be naive about why you don't get attacked, it is not cause you don't mess with the middle east etc. Its cause you have the greatest military in the world watching you back DON'T FUCKIN KID YOURSELF, hey Hitler didn't give a fuck that Poland didn't mess with them, he wanted something and he took it. Hey fucking George Bush didn't give a fuck that Iraq never took part in 9-11 or if they had WMD's. They wanted Iraq they took it. If someone wants something you have, they'll take it from you . Better get a military jackass. And by the way, when they come for your shit, who ever the fuck r u gonna call, the other country in North America, yes, i'm talking about Quebec, i'm sure they will help you LMAO

    Don't be so naive as to why you don't get attacked.

    How are we ignorant fucktards you are one of the little suck asses that need a fucktard like SGS who doesnt use his real name (you dont even know who he is) guy cant write complete sentences and uses second hand info he steals from other websites and pastes here. Anyone relying on this site for real info seriously needs to re-evaluate who is the fucktard.

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  21. SGS... I'm a noob reading charts... instead of feeding the troll, would you please instead correct me if I'm wrong in my appreciation?

    Regards and thank you for this fun and informative blog.

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  22. MCB ... your post shows your ignorance about Canada and geopolitics. No need to bash it...you managed to bash yourself. LOL

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  23. Raul V: Anything can happen. A reverse H/S needs to proove through the neckline in order for the move to continue, if it doesnt your flag prooves right. You will know soon enough.
    50/50 here.

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  24. I hope you're right and we get that reverse H/S :)

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