Silver - WTF a $1 Jump in 10 seconds???

[Tsing Tao]

What, in the name of all that's Holy, was that??

 

[Tsing Tao]

I'm thinking the Oanda feed is broken.

 

[Larson]

Exhibiting signs of a short squeeze. Picking tops is dangerous on this metal.

 

[Tsing Tao]

thank you, but i'm more interested in whether the quote is real or not.

 

[zdreg]

Quote from Larson:

Exhibiting signs of a short squeeze. Picking tops is dangerous on this metal.

on what things is it easy to pick a top?

 

[the1]

Silver has gone parabolic on increasing volume. That's a pure indication the crowd in joining in, which means a correction is right around the corner. I wouldn't short this beast right here but I'm watching my long very carefully.

 

[Larson]

Quote from Tsing Tao:

thank you, but i'm more interested in whether the quote is real or not.

According to the chart, it was for 25 minutes.

 

[Tsing Tao]

Quote from Larson:

According to the chart, it was for 25 minutes.

the spike was almost instantaneous. the duration was about a half hour, yes.

 

[peilthetraveler]

Quote from the1:

Silver has gone parabolic on increasing volume. That's a pure indication the crowd in joining in, which means a correction is right around the corner. I wouldn't short this beast right here but I'm watching my long very carefully.

Silver shooting up like it has been the last 6 months IS the correction.

 

[peilthetraveler]

Silver just opened a few minutes ago and its up a buck AGAIN already. $47.53 so far. We are closing in at an all time high. For those of you that bought in 1980...get ready to break even!