Market Curiosity: Exploring Markets And Systems

March 6, 2011

Silver is not normally up 3% during Sunday trading.

Filed under: Just Watching — Tags: — Jeff Fitzmyers @ 10:38 pm

Will silver gap ‘n crash tomorrow when the pit opens? Or keep marching higher?

Did not see a mention of this, but on Thursday near the bottom of the correction there were a few trades that significantly moved price. I was not able to tell exactly what went on, but the first one was about 1,000 contracts. Now why would an entity(s) be in such a hurry to buy a 1,000 contracts, and then about 500 contracts on a down day?? I don’t know, but I have not seen that before on the demand side.

References
+ Being familiar with big moves so they are less shocking.
+ Are linguistics suggesting silver just passed the tipping point?? 4 silver dimes=$10.25 (4 silver dimes currently equals 10.52 frn’s)

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