do you reckon. . .

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derryb
derryb Posts: 38,608 ✭✭✭✭✭
in Precious Metals
If someone had the ability to control silver spot prices (using the COMEX futures market) that they would have profited quite a few times, using both longs and shorts, on a trading day like today (in green)?

image

Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

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  • rawteam1
    rawteam1 Posts: 2,472 ✭✭✭
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    Or anyone could do the same if they knew how to read/interpret macd n slow sto in multiple time frames...
    keceph `anah
  • derryb
    derryb Posts: 38,608 ✭✭✭✭✭
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    << <i>Or anyone could do the same if they knew how to read/interpret macd n slow sto in multiple time frames... >>


    and this would tell them everytime price got pushed down to exactly the same low it would rebound? Four times in one day is a coincidence? I think not, but to each his own.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • rawteam1
    rawteam1 Posts: 2,472 ✭✭✭
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    That's one of the ways it works...
    keceph `anah
  • derryb
    derryb Posts: 38,608 ✭✭✭✭✭
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    << <i>That's one of the ways it works... >>


    Do you think that is what happened today?

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • rawteam1
    rawteam1 Posts: 2,472 ✭✭✭
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    It can be done everyday...

    If one looks at charts everyday in multiple time frames, they carve out the action, and that's in every stock, etf, commodity , whatever is being traded... And funny thing it's meaningless whether it's manipulated or not....
    keceph `anah
  • derryb
    derryb Posts: 38,608 ✭✭✭✭✭
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    << <i>It can be done everyday...

    If one looks at charts everyday in multiple time frames, they carve out the action, and that's in every stock, etf, commodity , whatever is being traded... And funny thing it's meaningless whether it's manipulated or not.... >>


    I wouldn't call it meaningless or coincidental to anyone who profited from the up and the down action on multiple occassions in one trading day and only during NY exchange hours.

    I like the fact that it got pinged four times in one day by NY and it still couldn't be held down. image

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • rawteam1
    rawteam1 Posts: 2,472 ✭✭✭
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    << <i>

    << <i>I wouldn't call it meaningless or coincidental to anyone who profited from the up and the down action on multiple occassions in one trading day and only during NY exchange hours. >>


    well i submit to you that happens a million times a day in once again everything thats traded...
    whats that old saying?... ahh i forgot...

    anyways...
    1, u r focused on something that has no affect on u or 99.99% if not 100% of any actual single person...
    2, u cant do anything about it , so therefore it is for all intensive purposes meaningless...
    3, its a complete waste of time to worry about it or even theorize any conspiracy known or unknown...
    keceph `anah
  • rawteam1
    rawteam1 Posts: 2,472 ✭✭✭
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    now back on a technical note after mulling the apmex gold eagle deal...

    its quite fascinating, as my hunch for a liquidity crunch, i did a lil dili, and low n behold, man if this thing is that specific its crazy, the gs ratio lookin to fill a jan 25th, weekly 2009 gap down and hit 73.2585...

    fascinating...
    keceph `anah
  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
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    Are you the same guy that saw Jesus on a piece of toast? image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • rawteam1
    rawteam1 Posts: 2,472 ✭✭✭
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    << <i>Are you the same guy that saw Jesus on a piece of toast? image >>


    Maybe, when was it?... Oh, n where was it?... Lol...
    keceph `anah
  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
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    << <i>

    << <i>Are you the same guy that saw Jesus on a piece of toast? image >>


    Maybe, when was it?... Oh, n where was it?... Lol... >>




    Comment meant for the OP. I do believe that if he looked at hundreds of charts everyday he would see similar patterns across a broad spectrum.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derryb
    derryb Posts: 38,608 ✭✭✭✭✭
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    Chart speaks for itself. Just wanted to flush out the deaf.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
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    I guess you understand chart language better than I.image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derryb
    derryb Posts: 38,608 ✭✭✭✭✭
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    << <i>I guess you understand chart language better than I.image >>


    It's like looking at toast.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    sometimes a big buyer or seller of a security will set a buy or sell order at a certain price 'or better', such as $19.51, and it will make the chart look like that?

    Liberty: Parent of Science & Industry

  • jmski52
    jmski52 Posts: 24,011 ✭✭✭✭✭
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    I had toast this morning, but I wasn't in the market at the time.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.

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