take a guess why. last friday does not have much to do with it. it is now 2.49 down 5%. now that didn't take long.
I'm a buyer when Paulson liquidates. He'll be most likely adding to the position using other people's money. I doubt he has a stop loss, someone else decides his stop loss...
yeahhh. its how every successful famous trader does his job. well maybe except simons and dalio. they all add to losers , bankrupt several times and make billions for themselves. the script repeats itself and nobody in the audience has any idea...
HAhaha.. the pos stock actually closed up a penny today. Maybe Seth is averaging down. http://www.imdb.com/name/nm0001293/
For what its worth "For historical purposes" Chart 11 to 15 April http://www.elitetrader.com/vb/showthread.php?s=&postid=3780893#post3780893
this is a great observation. the rule generally is when a stock stays flat/rises when the market is getting clocked that is a huge tell. there are worse trades out there then going long NG w/ a tight stop below yesterday's low. my own $0.02 USD is that someone is going to buy this out soon after the drop and that's why it rose.
Gold and silver: What say you ? Is this a dead cat bounce ? http://www.elitetrader.com/vb/showthread.php?s=&postid=3781618#post3781618