fat finger stikes again ... DEC YI low in asian trading $11.40 ... DEC ZI low in asian trading $ 11.83 ... the ecbot should have a failproof mechanism of their own market makers with their own capital to have jumped in around $11.85 - $11.90 but this is my humble opinion I am not a board member only a trader who does not find it funny even when not in any position seeing the "hidden" stops triggered by whatever logic they use to "fat finger" huge slippage for any poor customers who attempt to use stops ... perhaps these customers do not use stop limit orders ?
I was just looking at the chart of gold versus silver over at cbot: http://www.cbot.com/cbot/pub/page1/0,,447 ZGZ06-ZIZ06 2268,00.html?symb=FF&month=1!&year=&period=W&study=&study0=&study1=&study2=&study3=&bartype=Bar&bardensity=LOW It looks to me that all the ETF buying of silver has run its course and a short sliver long gold trade looks good right now. Any thoughts?
spoof ? or real buying interest ? I just saw over a thousand ZI bid a few cents lower around $11.47-$1148 in DEC its gone now ... but ZI went higher by a few cents heck everthing ran up again oil ... gold ... silver
That didn't last very long, did it? Did someone just plow a chunk of change into the crb and then walk away? Very synchronous moves.
Well, I give my estimate until tomorrow, if bids don't start tanking, you have my permission to execute me, not literally of course LOL
Wheee....$10.50 is sparked. You know what I love? I love going to all those gold bug forums and reading their take on what is happening. You get a few variations... 1. The folks throwing in the towel, cursing the market and screaming about how they'll be buying their shoes at yard sales in the future. 2. The folks that insist this is the buying opportunity of a lifetime (and will do so all the way down to gold @ $200 and silver @ 4) 3. The folks who claim it's all a conspiracy. Truly entertaining.