Silver - WTF a $1 Jump in 10 seconds???

Discussion in 'Commodity Futures' started by Tsing Tao, Apr 22, 2011.

  1. Tsing Tao

    Tsing Tao

    What, in the name of all that's Holy, was that??
     
  2. Tsing Tao

    Tsing Tao

    I'm thinking the Oanda feed is broken.
     
  3. Larson

    Larson Guest

    Exhibiting signs of a short squeeze. Picking tops is dangerous on this metal.
     
  4. Tsing Tao

    Tsing Tao

    thank you, but i'm more interested in whether the quote is real or not.
     
  5. zdreg

    zdreg

    on what things is it easy to pick a top?
     
  6. the1

    the1

    Silver has gone parabolic on increasing volume. That's a pure indication the crowd in joining in, which means a correction is right around the corner. I wouldn't short this beast right here but I'm watching my long very carefully.
     
  7. Larson

    Larson Guest


    According to the chart, it was for 25 minutes.
     
  8. Tsing Tao

    Tsing Tao

    the spike was almost instantaneous. the duration was about a half hour, yes.
     
  9. Silver shooting up like it has been the last 6 months IS the correction.
     
  10. Silver just opened a few minutes ago and its up a buck AGAIN already. $47.53 so far. We are closing in at an all time high. For those of you that bought in 1980...get ready to break even!
     
    #10     Apr 24, 2011