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Thread: Palladium is a screaming (paper) short (Jan 25th)

  1. #11

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    Quote Originally Posted by Anti-Neocon View Post
    I'm guessing OP bought here?
    No, bought in April 09 sold in April 10. Didn't have a position since then.

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    Yesterday's COMEX closing bang was pretty massive, exactly what one would expect given the extreme commercial short positioning in the futures market. At the opening of the overnight Globex session somebody pulled the trigger again. That's classic stop hunting. It always happens when commercials are trying to trigger waterfall declines.



  • #12

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    head and shoulders formations are one of the strongest chart patterns there is , look at the 2011 h/s , now we are setting up for a hugh reverse h/s , with sept 2011 to the present as the reverse head .

    this is a long term move .

  • #13

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