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Re: Someone Does NOT Want To Be Long Over The Weekend

By: Decomposed in ROUND | Recommend this post (0)
Fri, 16 Sep 11 11:25 PM | 38 view(s)
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Msg. 34942 of 45651
(This msg. is a reply to 34940 by capt_nemo)
Jump:

re: "It appears that someone (or perhaps a lot of 'someones') really do not want to be long into the weekend."

I'm hearing the same thing. At least one article credits concern about this weekend with driving up the price of gold.

Sooooo... what do THEY know that we don't know???

BTW, in the final few minutes of the trading day, gold's price is falling again.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:

Someone Does NOT Want To Be Long Over The Weekend
By: capt_nemo in ROUND
Fri, 16 Sep 11 8:50 PM

Msg. 34940 of 45651

Submitted by Tyler Durden on 09/16/2011 11:52 -0400

In the last few minutes of the European week, major financials have been crushed. It appears that someone (or perhaps a lot of 'someones') really do not want to be long into the weekend. Credit Agricole is -11% on the day, having fallen 12.3% in the last hour!!

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2011/09/20110916_CACIB.gif

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