Silver prices Message Board

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Gold/Mining/Energy : Silver prices

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To: Patrick Slevin who wrote (7362)	5/1/2006 12:52:47 AM
From: jennifersilversun	Read Replies (2) of 8010

Last Thursday, when silver crashed 2 dollars in one day--what exactly happened? I understand that at one point COMEX suspended silver trading for awhile--was that because the price drop was too large that it automatically triggered a suspension? Silver being so small and volatile, I'm wondering if in regards to futures if the price drops might not nuke your stops--you buy silver at 14 with a stop at 13.20, but then panic elephant stampede selling sets in and the price goes from 13.60 to 13.05 without anyone bothering to stop and snap up your stop. muddling thru jss

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