Discussion in 'Commodity Futures' started by Tsing Tao, Apr 22, 2011.
What, in the name of all that's Holy, was that??
I'm thinking the Oanda feed is broken.
Exhibiting signs of a short squeeze. Picking tops is dangerous on this metal.
thank you, but i'm more interested in whether the quote is real or not.
on what things is it easy to pick a top?
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.
According to the chart, it was for 25 minutes.
the spike was almost instantaneous. the duration was about a half hour, yes.
Silver shooting up like it has been the last 6 months IS the correction.
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!
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