tag:blogger.com,1999:blog-1708908742323002823.post121985998462965202..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Silver Quietly Sneaking HigherTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1708908742323002823.post-11785725935202051192012-08-17T21:27:51.717-07:002012-08-17T21:27:51.717-07:00Wouldn't a naked long be someone who owns the ...Wouldn't a naked long be someone who owns the contract on leverage without the money to purchase the whole contract. Someone who is gambling on a rising price.silverwoodhttps://www.blogger.com/profile/06356548144251479901noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-60015370968366988092012-08-17T05:36:16.224-07:002012-08-17T05:36:16.224-07:00I dont think there is such a thing as a naked long...I dont think there is such a thing as a naked long. A naked short means the seller doesn't have the actual metal for deliveryTheGilliomhttps://www.blogger.com/profile/15683076214137118915noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-78967040604223439482012-08-16T23:00:51.873-07:002012-08-16T23:00:51.873-07:00On COMEX the open interest in silver is still too ...On COMEX the open interest in silver is still too high, which could be used to trigger a nasty sell-off. I'd like to see a OI of maybe 100K contracts, not the current close to 130K one. There are just as many naked longs as naked shorts in the future market.Ruihttps://www.blogger.com/profile/01381363570926076708noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70309122881564156342012-08-16T19:35:30.788-07:002012-08-16T19:35:30.788-07:00If you zoom out to a 3 year chart, we are sitting ...If you zoom out to a 3 year chart, we are sitting on lower trend line which coincides with the 38.2 fib and flat macd with poor volume. If this level fails then no support till ~$18.<br /><br />On the bull side, descending wedge reversal pattern and the long sideways pent up energy.<br /><br />My completely inexperienced (amateur TA) guesswork: not as much enthusiasm for silver here despite the incredible fundamentals. If the downside was less ominous this would be a no brainer long.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-14300476999375879662012-08-16T16:53:36.907-07:002012-08-16T16:53:36.907-07:00I think its not surprising as silver rises in tand...I think its not surprising as silver rises in tandem with gold amid falling US dollars as equities rally.Trading Arcadehttps://www.blogger.com/profile/15350259375254979056noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-68092623511147724902012-08-16T15:24:27.082-07:002012-08-16T15:24:27.082-07:00Hi Ho Silver Away! Now if the bullion banks just p...Hi Ho Silver Away! Now if the bullion banks just play fair with the paper...And stop shorting the etfs too. Thanks Dan! TheGilliomhttps://www.blogger.com/profile/15683076214137118915noreply@blogger.com