commodities getting killed today

Pierre, a "correction" in commodities was long overdue, especially now that the market appears to have swallowed the "recovery" story which means easing on money printing by CB's, not to mention an inevitable slowdown by China sooner or later. I think there's more short pain to come so if you are still holding paper, I would trade out.

In PM's, if you are holding paper ETF, I would bail out for now and reenter at a lower price but if your holding physical I would stay put. None of the solvency problems have been solved, the bad debts just moved from one balance sheet to another. So CB money creation out of thin air is only taking a temporary respite.

As far as Silver goes, it's Blythe Masters putting the screws to Wipeout's long silver positions. I warned him that a lot of hurt was coming his way BEFORE it happened, not after.

wipeout, I think we have a problem here.

IF YOU KNEW what Blythe was up to YET you established long positions that would take loses, and IF YOU KNEW that if 28 doesn't hold we'll head down to 26 "at least" (your words, not mine), yet you are reestablishing long position OVER that level to potentially take more loses......

.....you are either asylum grade crazy, or your trades are pure fiction.

Which is it ?????

mellanus- you are the most ignorant dickhead I have ever seen on any forum.

Pierre, a "correction" in commodities was long overdue"

good call **** head, AFTER THE EVENT!! Your a genius.

your so ignorant did it occur to you that whippet is trading silver to the downside?????

read his post you retard.If you knew ANYTHING  about trading its blindingly obvious what hes doing.

dOES HE NEED TO SPELL IT OUT FOR YOU CHAPTER AND VERSE???????

But you cant see it can you? Because you think every position entered is set in concrete.That traders only make one or 2 trades at a time and sit on them.You truley are a monumental fukkwit.

'you are either asylum grade crazy, or your trades are pure fiction.'

the only crazy here is you melly- why dont you ****k off back to the US racing forum.

your absolute stupidity and newbie posts are past annoying.

FUUUUUUUUUUUUUUUUUUKKKKKKKKKKKKKKKKKKKKK OFFFFFFFFFFFFFFFFFFFFFFFFFFFFF!!!!!!!!!!!!!!!!!!!!!!!!!

meltdown

Ben sums it up perfectly.

Are you a bit thick Melly?

Do you think I just bought silver and then held it?

I have been trading in and out multiple times.

If you actually went and read that other thread, instead of having your head up your own arse, you would have noticed this.

How did you think I managed to short at the top of the market ($~32) twice? It is obvious to anyone that blythe was going to hammer it when it hit that, so with this in mind, I went LONG at $28, and then sold and went SHORT at $32, which I stated on that other thread. Do you understand this simple concept?

In the latest trade, the pattern didn't hold, which I am willing to admit. I went Long at $28 again, expecting it to hit $32. It only hit $29.50 this time and then got hammered down. I was still long at that point, so sold out at the position I bought in at for no loss.

Like I stated, I thought $28 wouldn't hold this time, so went short after it breached that, at $27.80. I am still short on it, but think we may have hit a bottom for now at the low $27's. Long term I still think we will see much higher prices, and will trade accordingly. Blythe can't keep the price down forever.

read his post you retard.If you knew ANYTHING  about trading its blindingly obvious what hes doing.

dOES HE NEED TO SPELL IT OUT FOR YOU CHAPTER AND VERSE???????

But you cant see it can you? Because you think every position entered is set in concrete.That traders only make one or 2 trades at a time and sit on them.You truley are a monumental fukkwit.


Spot on ben.

What I find really funny, is on that other thread, Melly was trying to claim that all traders should be holding positions for less than 30 seconds. But now hes assuming I just buy and hold for months without doing anything? make up your mind you f*ckwit.

Wipeout and "benny" b@$#ing each other.



P.S.: No wipeout, I never doubted for a minute you get in and out of trades, calling top and bottom right down to the second, EVEN WHEN you are describing your trades on here as "going long". Let's not worry about details like that now, shall we.....

Are you a f*cking retard incapable of reading? The answer is most definitely yes.

Whippet
Date Joined:     01 Oct 07
Add contact | Send message
04 Jan 11 13:00

Another one to add to the list is silver, which has a very similar trading pattern to gold. I have gone short on that at 31.15, and will again look to buy in sub $30.


Now, I know you are incapable of reading charts, as proven by your apple commentary , but if you go look at the silver chart, you will see that I posted this before a major takedown.

How did I manage to do that? I suppose I have a time machine or hacked the forum to post that did I?

clueless

What a witty, incisive reply. Did they teach you that down at the "boutique" you "work" at?

I'm keeping it simple so that you can understand.

I don't even think I can make anything simple enough for you to understand. You can't read a simple chart and thought apple wasn't in the S&P

You are a miracle maker, wipeout, you bought AAPL at 335 on the S&P

You can't make this stuff up


(How's that working out for you by the way, or did you book profits YET AGAIN just in the nic of time. Please don't answer that, I already know the answer)

Listen to yourself for a minute. Are you really that retarded? I never said I "bought apple on the S&P". You need really don't have much of a grasp of reading comprehension do you? Keep digging that hole of yours further.

Is this another one of your famous "corrections" AFTER THE FACT ???

It's getting hard to keep up...

Please post where I said I bought apple on the S&P. Put up or shut up.

The silence is deafening. Come on, it doesn't take that long to find my post. Although it probably will, considering it doesnt exist.

That'll be the day when I go hunting for your drivel on here

Young man, give it up before you get really hurt playing with matches, you're in waaaay over your head here..

You entertain me, beyond that I'm afraid you bring little to the table.

Have a nice evening. [;)]

Surprise surprise. I knew you wouldn't. That's because you're lying. Nowhere does it say that I "bought apple on the S&P". You really need to stop digging that hole.

I disagree with you about apple being overpriced, compared to the rest of the S&P. I don't think we are anywhere near the top yet, although it looks like there will be a bit of a pull back to 1260 or possibly further. I will be loading up at that point. My view is long equities until the bernanke printing presses stop whirring at least.

That's the post btw. Where exactly in that does it say I "bought apple on the S&P"? It might not have been the most eloquent of posts I've ever made, but it certainly doesn't say what you are suggesting

101-0

Nice try, wipeout, but you have to try harder.

Where in "that's the post" is 335? So, this isn't the post.

But sifting through the drivel you constantly post on here to find it for you is not something I'm prepared to spend time doing.

Why don't you do something useful like write a letter to the CFTC complaining about "them" manipulating stock prices?

That was the only post I mentioned the S&P. You fail. Go crawl back in your hole and preferably die. You have been exposed as the liar you are.

wipeout, you seriously need to consider some anger management counseling.

Infact I'll save you the bother:

Whippet
Date Joined:     01 Oct 07
Add contact | Send message
19 Jan 11 21:03
The days bottom of apple wasn't 333.60 though, although I will forgive you, as I know bean counters don't really understand how to use charts properly. 

It opened at 329, and hit a low of 326. So really, $9 away from the bottom isn't particularly impressive. As for 40 seconds, where did you get that from? The price was hovering around 335 for about an hour and a half. If you are going to try and ridicule me, at least do your research properly.

I disagree with you about apple being overpriced, compared to the rest of the S&P. I don't think we are anywhere near the top yet, although it looks like there will be a bit of a pull back to 1260 or possibly further. I will be loading up at that point. My view is long equities until the bernanke printing presses stop whirring at least.

So, where exactly in that post does it say I "bought Apple on the S&P"? You really are a clown, and your accusations are starting to get rather sad. You do seem quite mentally deranged tbh.

Mr Bean suffered a complete meltdown and you totally lost the plot.



Quite frankly I don't give a @#*# whether you bought at 335 on the S&P (!!!!!!!) or on NASDAQ or anywhere else for that matter, whether you are in the red or have "massive gains", whether posting "going long" silver actually means going short or long whatever fits for you to post "massive profits" later on, or if you don't know that the CFTC has nothing to do with regulating stock trading or how money gets created. Trying to nail you down to a position is mission impossible since you keep changing the facts AFTER THE FACT as you see fit and at your convenience.

You are an @*#hole who thinks yourselves too smart. You are nothing but a sad AFTERTIMER trying to impress. If the trade goes the wrong way you ALWAYS manage to see the reversal coming and trade out at the PRECISE moment it happened and post about it after the fact. If the trade goes the right way, you never take profits, you ride the move all the way to the top again getting out at the PRECISE moment it reverses. And when you are queried about it, you find it sufficient to say "I don't post all my trades" and then spray a few expletives at me. Go tell that tale to a young girl you are in some cheap bar on a Saturday night when you are trying to impress her. All it's doing for me, is make me laugh.

Now, move along and don't waste any more of my time.

Oh dear oh dear.

This is like watching the final moments of a man descending into madness.

You have MADE UP an accusation about me that I "Bought AAPL on the S&P". When asked repeatedly to provide the quote, you fail to do so (because it doesn't exist). When I do provide the quote for you, which actually shows your accusation was completely false, you go into a RANT about me being an "aftertimer". You seem to do this every time you lose an argument.

The only sad one here is you. You come on here, with your "boutique director" alter-ego, ranting at anyone in sight. Unable to win an argument against ANYONE[/b], you have to resort to pathetic lies and slander. It really is quite sad. Do you not have anything better to do like spend some of that "7 figure salary"?

Finally, unlike you, every argument of mine is backed up with quotes.

[b]Menelaus
Date Joined:     03 Feb 05
Add contact | Send message
19 Jan 11 22:01

I have news fr you, moron, AAPL IS NOT in the S&P. It's in NASDAQ with a 23.3pc weighting !!!!


105-0

wipeout, the ten best reasons why I ignore you:


1. Your ignorance can only be measured on the Richter scale.

2. When you clean onions, they are the ones who start to cry.

3. You play chess with yourself and win the game for both black and white.

4. When you buy furniture from IKEA, they have to give them to you assembled.

5. As a baby, your parents traveled through the Bermuda triangle and your brain hasn't been seen since.

6. You went to the Apple store and asked for a Big Mac .

7. What Lionel Mesi is to football, you are to stupidity.

8. Every year you have to look at a calendar to see what day Christmas falls on.

9. On Facebook you asked to be friends with Ronald McDonald

and 10............drum roll please.............YOU AFTERTIME.

Yep...still no sign of this mythical post I have asked you numerous times to produce in order to back up your wild accusations. You not only failed to produce it, you have replied with a completely lame attempt at humour. Stick to the day job if I were you.