I would think it should be heading back up because of the severe correction and that it was due to margin hikes.
What do you all think. I really do value your opinions. Thanks!
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MikeyPooh wrote:You'd be hard pressed to find someone who has a worse track record with predictions than me! However with that said, I think we saw the PM markets firming up later in the day today, once the insiders who knew about the margin increases ahead of us plebes and made their moves early.... I'm thinking the worst may be over for this move and Monday we see either sideways or positive action.
aloneibreak wrote:any way this news could have been leaked early ?
beauanderos wrote:options expiration is Tuesday. I think JPMorgan hammers it again. $27 bottom, but likely a print that surges back on support from oversold conditions. TPTB are doing everything they can to discourage anyone from taking delivery from their depleting Comex stores.
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