Posted by parrrich on 24th of Mar 2011 at 03:21 pm
All they do by raising margins is allow the smart buyers, i.e.
China, India, Russia, et al to buy more and hence m,ake the
eventual short squeeze even more painful for JP Morgan.
The price for the
Silver ETF(
SLV) dropped sharply
this afternoon on insane volume. The ETF traded 145 million shares
today. Over the summer, the daily volume was often around 5
million.
SLV showing divergence on OBV line. Horizontal line on volume
bars indicate level of 185% avg vol (today 187%). Of the 4
indicated >185% down days only the first one had an OBV
divergence and it was followed by a 10% pullback
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this ought to slow down Silver
Posted by klatuu on 24th of Mar 2011 at 03:08 pm
More metals noise
3/24/2011 3:03 PM EDT
Silver margins were just raised.
All they do by raising
Posted by parrrich on 24th of Mar 2011 at 03:21 pm
All they do by raising margins is allow the smart buyers, i.e. China, India, Russia, et al to buy more and hence m,ake the eventual short squeeze even more painful for JP Morgan.
Smart buyers like me!!
Posted by jtverr on 24th of Mar 2011 at 03:21 pm
Smart buyers like me!!
From Nov 9, 2010...
Posted by jtverr on 24th of Mar 2011 at 03:17 pm
Since then, Silver is up 42%. Proved to be a great buying op!!!!!!!
Silver Margin Raised
ZeroHedge reports that the CME has raised the margin requirementfor silver from $5,000 to $6,500.
The price for the Silver ETF( SLV) dropped sharply this afternoon on insane volume. The ETF traded 145 million shares today. Over the summer, the daily volume was often around 5 million.
SLV showing divergence on OBV
Posted by bkout3 on 24th of Mar 2011 at 04:56 pm
SLV showing divergence on OBV line. Horizontal line on volume bars indicate level of 185% avg vol (today 187%). Of the 4 indicated >185% down days only the first one had an OBV divergence and it was followed by a 10% pullback