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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 (34631)7/6/2012 4:08:56 PM
From: Ontherise  Read Replies (2) | Respond to of 222403
 
With SLV, JP Morgan and company have been taking it down on Wed/Thu/Friday, since the weekly reporting cut off is Tuesday afternoon (I forget the time). They then cover the shorts the next Mon/Tue. They have been doing this consistently for weeks. Some weeks they don't do this if they have built up a large short position, then they will just run it down all week.