Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 677.58

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Nov 5 4:00 PM EST

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GROUND ZERO™

Mevis

To: GROUND ZERO™ who wrote (80979)	3/16/2016 6:45:34 PM
From: bull_dozer	2 Recommendations of 218490

It's All About DUST This one-way and short-term stretched rally in precious metals is all about DUST. (See here) It's all about the insane behavior of hedgers and speculators watching what is a very overbought condition in the sector, and buying DUST to capitalize on the inevitable and pending correction that never comes. (i.e. because they continue to increase the open interest in DUST while driving the put / call ratio down, which is bullish because this is an inverse fund.) In the 'old days', before the day of ETF's, a few speculators might have shorted the shares at a similar junction, which would allow for a normal and healthy correction at a time like this, which in itself would be a perpetuator of the larger move. safehaven.com

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