Quote:
Originally Posted by sh0n
Wow that guy must have a deep pockets to front the margin requirement. It was min 750K, higher today with higher requirements.
I'm assuming he was trading the regular silver futures? What's your's/his long term view and price target on silver?
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Yeah he's trading regular silver. Not mini. Actually he was trading 130 contracts. I didn't see that he had a few contracts in other months.
He got out about 1.5 weeks ago. He gave back about 7million before he got out. Of course he's still up several million.
Lol I think the bears have taken over or are starting to take over. After today's huge drop, tomorrow could see a small correction then probably some whipsaw (but still downward).
Lol you can always short silver. If I had 20grand 2 weeks ago I woulda shorted it on that first long red with a huge upper shadow at the peak of silver (daily).
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