thesilverbullet

thesilverbullet

Trends

thesilverbullet Updated 

The breakout in Litecoin is the real deal. I was waiting for a pull back but when this move occurred I just jumped in. No one really knows how high it can go but theoretically it eventually will be worth 1/4 of bitcoins price. Litecoin has a greater possibility of being adopted by many for everyday payments. Bitcoin will be what is used to buy a new house or...

thesilverbullet Updated 

There is no sign of a weak NFP tomorrow and market it showing strength not weakness as it breaks trends.

thesilverbullet

Better get out before those futures hit the market.

thesilverbullet

the final boom before the bust. trigger for selloff most likely to come from some type of conflict with north korea

thesilverbullet

Shorts in November did not work out and "tax cut" euphoria took over. Huge resistance coming at these levels. Everyone knows we are in for a big correction.. the timing is tough part. In hindsight seasonally November was not a good month to be shorting. I'm parked until end of December.

thesilverbullet

I am taking profits below 2550.

thesilverbullet

Will we test the bottom of our generational trend line in silver??? If the end of 2015 is of any correlation then I think so... I'm looking to go long in a big way.

thesilverbullet Updated 

Attempt to reclaim trend from 2011 failed. A test of 2004 trend will occur in near term. A break below this trend would bring us way down but this would not be realized for a long time. All shorts are in play. Direction is down, sell the rips , stops are currently above 2580.

thesilverbullet

Here is what the short term looks like. All shorts in play, stops are above 2580, profit at the bottom trendline if its hit.