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TonyNed

TonyNed
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  • Darden: Why I Closed My Position And Went Short [View article]
    The chart is at a key level. If it fails here, it will be a triple top but it currently looks like it's broken out from the highs made in October of last year. Shorting is ill advised. I would actually look to be long the stock here. Unless there is a damning catalyst, this stock is going much higher. You can't fight the charts especially with the strength of the current market conditions.
    TL/DR: If DRI takes out $55, and you're short....you're F-ed.
    Dec 29 01:16 PM | 1 Like Like |Link to Comment
  • Amarin: Management Is Acting Long Term, Which Makes It A Buy Now [View article]
    I wish these articles would stop.
    Jan 7 03:05 PM | 1 Like Like |Link to Comment
  • Buy Yahoo On Steady Share Appreciation And Growth [View article]
    It's hard to take you serious with that profile pic.
    Dec 18 09:41 PM | 4 Likes Like |Link to Comment
  • Today In Commodities: The Fall Is Upon Us [View article]
    I'd be careful with Silver. It should go down but it has just been consolidating sideways. I've moved to trading intraday the volatility.
    Sep 1 10:22 PM | 1 Like Like |Link to Comment
  • Today in Commodities: Take No Prisoners [View article]
    Panic scenarios have to be evaluated individually. A decline was foreshadowed in the price action of gold and silver. The strength of the decline can't be predicted but when Silver overextended as much as it did and because of the post silver crash volatility, a strong decline could have been anticipated. The stock market is a panic scenario and the charts will only give you clues on when to sell when sentiment is negative.
    Aug 5 09:12 AM | Likes Like |Link to Comment
  • Today in Commodities: Take No Prisoners [View article]
    I accidentally bought SLV puts yesterday (trying calls for a day trade) and was too stubborn to take a loss. Im sure glad I was. Today's move changes everything in the charts. Nice call Matt but I think you had a little bit of luck on your side.
    Aug 4 07:13 PM | Likes Like |Link to Comment
  • Today in Commodities: Clear and Present Danger [View article]
    The chart on silver doesn't look topped out longer term. There may be a shallow pullback but I wouldn't short. Selloffs should be used to get long by my interpretation.
    Aug 3 08:43 PM | 1 Like Like |Link to Comment
  • Today in Commodities: Liquidity Liquidation [View article]
    The charts imply a silver bounce before any further descent.
    Jul 28 08:00 PM | Likes Like |Link to Comment
  • Today in Commodities: Bear vs. Bull [View article]
    I think silver gaps up on Monday but you should also look to book profits on Monday. Short term momentum is still pointing up after a consolidation on Thursday and there isn't much room left before it's overbought on several indicators. Watch the stochastic levels and RSI levels on the 60 minute chart for clues to get out. Also watch the MACD on the 60 minute level. I love that indicator since divergence from price action foreshadows corrections.
    Jul 16 08:39 AM | 1 Like Like |Link to Comment
  • Today in Commodities: Dollar Down Should Equal Commodities Up [View article]
    I took profits in silver and will be doing quick day trades until we see some consolidation.
    Jul 13 07:16 PM | 1 Like Like |Link to Comment
  • Today in Commodities: A Dollar Retracement [View article]
    Staying long silver. If the SLV can get above $36.54, it will have positive momentum behind it. If that holds as resistance, get short.
    Jul 12 06:39 PM | 2 Likes Like |Link to Comment
  • Today in Commodities: Flight to Quality [View article]
    The Euro is falling apart and quantitative easing has ended for now. The chart on the dollar shows a base has been formed. This does not appear to be a dead cat bounce but rather a sentiment change.
    Jul 12 08:32 AM | Likes Like |Link to Comment
  • Today in Commodities: Flight to Quality [View article]
    I interpret a little more downside in silver tomorrow but that should be the entry point mid to late morning. Uptrend still in tact. Long dollar.
    Jul 11 06:36 PM | Likes Like |Link to Comment
  • Today in Commodities: Recognizing Correlations [View article]
    I'd be cautious in silver. We basically went straight up today and we're Still downtrending. $36.75 is key. We're short term overbought so it will be interesting to see how the price action responds tomorrow. I was looking for potentially a short entry point tomorrow.
    Jun 29 08:13 PM | Likes Like |Link to Comment
  • Today in Commodities: Commodities Catch a Bid [View article]
    Provided silver can hold the low created from the crash after touching $49, silver may rebound sooner but yesterday the price came very close to violating that level. The momentum is still pointing downward so longs should be very mindful of that support level.
    Jun 28 07:51 PM | 1 Like Like |Link to Comment
COMMENTS STATS
263 Comments
232 Likes