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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (26736)11/21/2011 4:01:10 PM
From: FCom777  Read Replies (1) | Respond to of 219005
 
Comex metals options expire tomorrow.

One would think that if this move was inspired by the desire to cause most Silver Calls to expire worthless - then we may be looking at the uglies again tomorrow ...

Funny feeling that the MF Global mess and gold/silver sell-off may be connected .... Is it possible that this is a desperate stab by JP Morgan to cover their massive silver short? If you examine the CFTC COT report - Hedge Funds and small speculators are massively long against the Commercial shorts. Why don't we just take control of all of these accounts - effectively freeze them - drive prices down and either force the longs to cover at cheap prices via margin calls - or drive the price down and by the time control is regained - have prices be in the pits.

Pretty nefarious thought - is JP Morgan and friends capable of such a nefarious plan ? What do you think?



To: GROUND ZERO™ who wrote (26736)11/21/2011 4:07:50 PM
From: Hawkmoon  Read Replies (2) | Respond to of 219005
 
I got a kick out of how CNBS pundits were blaming the failure of the "super committee" to come to an agreement..

But they really should be HAPPY that they didn't. Because no agreement holds out the hope for more short to intermediate term "stimulus" instead of austerity.

Austerity, for the USD, should result in commodity deflation and strength in the USD. The only reason it's not supporting the Euro is because of fear that that currency will disappear very soon as the confederacy breaks apart.

After all, spending less is the opposite of what we did with QE1 & 2. So now we have no QE pumping money into the system, and the dollar is strengthening.. Having an agreement from the "super committee" means there will be even LESS easy money going into the economy.

That's good for bondholders and those holding cash, IMO.

Hawk



To: GROUND ZERO™ who wrote (26736)11/21/2011 4:24:05 PM
From: yard_man  Read Replies (1) | Respond to of 219005
 
glad to hear that ...



To: GROUND ZERO™ who wrote (26736)11/22/2011 12:30:37 PM
From: yard_man  Read Replies (1) | Respond to of 219005
 
your signal still looking good to you??