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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (83952)8/28/2008 7:25:50 PM
From: The Vet  Respond to of 116555
 
the clearing houses pulled the (leverage)money from traders...

Of course that's just par for the course. Why would they even consider giving the suckers an even break? Those knock downs in silver were coordinated and well timed with the last big drop ($14 to the $12s) that knocked out the stops made when the market was thin (after the normal US close and before Asia opened). If that was the long speculators suddenly deciding to sell at a huge loss when the market depth is always the thinest, then they are off their rockers!