Quote from greencapital:
1) Totally wrong and bordering on ignorance.
2) Show me the horrendous disproven---
3) since if you can, why can't you corner the market? ra ra ra
Quote from circadian:
...
3) Corner the market? Well, the only thing stopping me is the fact that I'm not a trillionaire. Come to think of it, that's the only thing stopping anyone. [/B]
Quote from wrbtrader:
Exactly, first there needs to be a market that can be cornered. Next, you need to have the funds and market collaboration from other key participants to corner the market.
Great example is the billionaire HUNTS in their quest to corner the Silver markets. They almost did it after creating a silver shortage by sending/hiding large quantities of it in Switzerland instead of keeping it in the U.S.
http://www.silvermonthly.com/182/bunker-hunts-attraction-silver-history-cornering-silver-market/
http://www.investopedia.com/articles/optioninvestor/09/silver-thursday-hunt-brothers.asp
I remember clearly the Gold and Silver markets back then when I was a kid as if it was today because my old man (a floor trader at the time) would often talk about it with his trading pals he invited over for dinner.
Mark
Quote from realestatewizrd:
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Quote from 1a2b3cppp:
A lot of people sure are missing some big things in this discussion here.
Perhaps everyone needs a refresher:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=174098
Quote from 20angrygurus:
Stop posting these outright lies.
Last I checked, Surfer fund(s) was up over 50% last year on a 15 million dollar investment--- seems like a nice payday for Mr. Surf.
Not sure of the returns in 2010, yet.