SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (70615)1/28/2011 7:43:24 PM
From: TobagoJack1 Recommendation  Respond to of 219784
 
at the sort of leverage he was supposedly at, and given the margins required, he may not have had a choice in the matter

in any case, the episode is over and he is over

we move on

getgold

as usual



To: Canuck Dave who wrote (70615)1/28/2011 8:38:52 PM
From: Tommaso  Read Replies (2) | Respond to of 219784
 
>>>Why should a guy simultaneously short and long move the price of gold so much when he liquidates both ends?<<<

Don't you understand? That makes him simultaneously smarter than the bulls and smarter than the bears. Minus some transaction costs.

EDIT: To remove irony: he's a stupid asshole.



To: Canuck Dave who wrote (70615)1/29/2011 12:09:29 AM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 219784
 
This is helpful... or at least interesting.. wrt to POG.. ftalphaville.ft.com