Playing the Markets

[Juicer66]

Any gamblers here ? Amateurs , Addicts or Professionals .

I play with Commodities and Cryptos plus work with one company of Technical Traders and prefer ETFs rather than straight equities and paper commodities as distinct from holding physical .

Bit difficult for Oil and Gas , so main commodity trades are leveraged in Precious Metals .

[LongTermGuy]

Been awhile for me...long while...Oil..Gold and dow futures..exciting..but in the end..got lucky and broke a little above even...at that time of life..I turned on the off ramp...and focused on other things...Have to admit it was fun!!

[Juicer66]

Been awhile for me...long while...Oil..Gold and dow futures..exciting..but in the end..got lucky and broke a little above even...at that time of life..I turned on the off ramp...and focused on other things...Have to admit it was fun!!

It bloody well is no fun at the minute .

My super strength has been removed by those effing Aliens and replaced with some ding bat contraption that is pointing me toward hell and destruction .

Still believe Gold , Silver , Platinum will go inter galactic by year end .

I will stick out my neck and say that Silver which is just sub $24 will be at least near double very fast and over $100 in next 12 months .

Fighting talk which I may well never live down .

[jimnyc]

Any gamblers here ? Amateurs , Addicts or Professionals .

I play with Commodities and Cryptos plus work with one company of Technical Traders and prefer ETFs rather than straight equities and paper commodities as distinct from holding physical .

Bit difficult for Oil and Gas , so main commodity trades are leveraged in Precious Metals .

Not myself, but would love to! Just requires some more money!

I do have a little in Ethereum but just feeling the waters out for awhile, crypto wise. But now it's getting saturated and difficult to figure who to invest in & when.

[LongTermGuy]

Not myself, but would love to! Just requires some more money!

I do have a little in Ethereum but just feeling the waters out for awhile, crypto wise. But now it's getting saturated and difficult to figure who to invest in & when.

So true! and NOW many investers have to look out for the "woke" companies..in the long run they will FAIL...as the American public gets more educated on the cancer..

[JakeStarkey]

I leave it to our investment company.

They bought heavily in the last ten days in March 2020.

We have been fortunate.

[Juicer66]

I leave it to our investment company.

They bought heavily in the last ten days in March 2020.

We have been fortunate.

Works well when in hindsight you move in at 'the right' point . But the adrenalin rush from successful Trading beats the smugness from successful investment every time . imho .

Or so I am told .

[JakeStarkey]

Works well when in hindsight you move in at 'the right' point . But the adrenalin rush from successful Trading beats the smugness from successful investment every time . imho .

Or so I am told .

It's a risk every time, unless you have loaded the dice, which I have never been able to do.

We took some loss in two meme stocks already this year: not big, but enough to bite a bit.

[Juicer66]

Not myself, but would love to! Just requires some more money!

I do have a little in Ethereum but just feeling the waters out for awhile, crypto wise. But now it's getting saturated and difficult to figure who to invest in & when.

Wow . Have followed ETH since it was a minnow .

A lot of very shrewd and successful Whales think BTC will break $100 000 by year end . Rationale is compelling , imo .

This bodes well for ETH which has already jumped exponentially , as I am sure you know .

If the Equity markets suffer a huge correction later and the petro dollar is continuously smacked -- which it surely will be --- this bodes well for the top Cryptos .

Where could ETH be by year end in this scenario ? 10 , 000 ?

I do not know, but moving at Warp Speed 8 .

[Juicer66]

I do have a little in Ethereum but just feeling the waters out for awhile, crypto wise. But now it's getting saturated and difficult to figure who to invest in & when.

At least $5000 by month end ? Just under $4m at present
Snippet from ZH below .


Ethereum (ETHUSD) is seeing some healthy consolidation after briefly breaking above the psychologically key 4k whole figure level Friday. Significantly, although odds are moderately high for a retest of the record high in September, the steepness of the rally extension since late July suggests a high likelihood for the mild profittaking that has just begun to last another week or so. Any pullback in September to 3.5k will likely be brief. ETHUSD's correlation to BTCUSD (on a weekly chart) is suddenly back to 0.82 and trending towards the upper end of its 5 year range. Congratulations to readers alerted August 1st of the completion of the major June-July bottom, and to those who heeded the warning May 16th of the major top forming. I am long as of this past week in the 3340-3500 range, targeting 3700-4000 for September. The weekly RSI, Stochastics and MACD are rallying, but weighed by the tiring daily RSI and Stochastics.