totally fixed or just plain nuts ?

Discussion in 'Metal Futures' started by SethArb, Jun 5, 2007.

  1. who the heck is controlling the order flow today
    and tonight in gold and silver ?

    its like they can whip it around wherever they want

    both in the daytime and at night

    sure makes it easy to make or lose alot of dinero

  2. this is just plain stupid ... who the heck would trade a market that whips around like a slinky or superball in a 4X4

    come on now ... SI and ZI trading

    1386 then down to 1373

    then up to 1380 or even 1382 etc
    then down to 1368 or 1371 or somewhere in between

    then up again then down again

    and the silver market is only open in
    Asian trade for a few hours now

    if I want a whippy market I can trade CL or NG sheesh

    or EUR after a big economic number
  3. i think over 800 lots were bouhgt in 7 up sweeps last nite in silver
    all legit as far as i can tell
  4. What do you mean by that?

    How many contracts to a lot?

    What made the price jump around so much?

    The spiking up and down was only in silver--for at least a few hours the volume in SI outstripped that of GC, whereas ususally it's the other way around.
  5. I think he means contracts (lots )

    I once saw this in gold futures overnight

    gold ( on ECBOT ) whipped up and down $2.00 a clip
    for a few minutes ... sure made me scared as to what the blazes
    was happening ... if it was an attempt to frighten me or liquidate my positions I guess I will never know

  6. Whats ur view on silver Seth ?
    Did you see Dennis Gartman issued a buy note on silver a few days back
    he has a good following in the fund community and i think his call is part of the strength at the moment

    I think silver should trade back to 13.30 in the coming week or two
  7. C'mon seth, it just means some players are havin some fun.
    Its coming up to tax time, you know.