Silver slam

ancona · 02-02-2012, 11:53 AM

I see silver has been bitch slapped again. We've lost nearly all today's gains in the last hour or so. It looks [according to teh Kitco] ticker, that someone is dumping mid sized lots of paper on to the fire.

**dereksatkinson** · 02-02-2012, 12:14 PM

Originally Posted by ancona

:

I see silver has been bitch slapped again. We've lost nearly all today's gains in the last hour or so. It looks [according to teh Kitco] ticker, that someone is dumping mid sized lots of paper on to the fire.

it's just volatile and overbought technically.. we need it to base out or have a couple weeks down so the move is sustainable.

**PMBug** · 02-02-2012, 12:22 PM

$34 mark is being defended. My hunch is that it gets blown away tomorrow and sticks.

**dereksatkinson** · 02-02-2012, 12:28 PM

Well.. Comex has 2 minutes to move it 17 cents or we will have our $34 close...

**PMBug** · 02-03-2012, 05:51 AM

bwahahaha. Nice chart this morning.

02-02-2012, 11:53 AM	#1
ancona PM Bug Supporter Join Date: Nov 2011 Location: Waaay south Posts: 1,084 Liked: 343 times	Silver slam I see silver has been bitch slapped again. We've lost nearly all today's gains in the last hour or so. It looks [according to teh Kitco] ticker, that someone is dumping mid sized lots of paper on to the fire. Share Share this post on Digg Del.icio.us Technorati Twitter __________________ All things being equal, the simplest answer is quite often the correct answer - Occam

02-02-2012, 12:22 PM	#3
PMBug Golden Cockroach Join Date: Oct 2011 Location: In Scrooge McDuck's vault Posts: 1,926 Liked: 467 times	$34 mark is being defended. My hunch is that it gets blown away tomorrow and sticks. Share Share this post on Digg Del.icio.us Technorati Twitter __________________ The journey of a thousand miles begins with a single step. - Lao Tzu Do you have something to say about what I posted? Register and let your voice be heard.

02-02-2012, 12:28 PM	#4
dereksatkinson Moderator Join Date: Oct 2011 Posts: 570 Liked: 166 times	Well.. Comex has 2 minutes to move it 17 cents or we will have our $34 close... Share Share this post on Digg Del.icio.us Technorati Twitter

02-03-2012, 05:51 AM	#5
PMBug Golden Cockroach Join Date: Oct 2011 Location: In Scrooge McDuck's vault Posts: 1,926 Liked: 467 times	bwahahaha. Nice chart this morning. Share Share this post on Digg Del.icio.us Technorati Twitter __________________ The journey of a thousand miles begins with a single step. - Lao Tzu Do you have something to say about what I posted? Register and let your voice be heard.