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slow and steady

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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slow and steady

Postby neilgin1 » Thu Oct 13, 2011 7:12 am

same pattern, the up's are slow and steady, baby steps really. Thats so good for the market.

i've noticed that on these recent up moves, the open interest has been going down. Sure, the recent sell off, we saw massive long liquidation, but me thinks , for the first time, no new shorts are being added. Maybe these guys, the bear ATM crowd, knows not to go the well again, except of course, when we near $50. thats the big deal.
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Re: slow and steady

Postby ardorlan » Thu Oct 13, 2011 3:33 pm

what is ATM crowd?
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Re: slow and steady

Postby neilgin1 » Thu Oct 13, 2011 8:50 pm

the very large metal desks at certain financial institutions that can catch smaller investors, usually bulls and crush them on the Comex, its been their ATM for years now.
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