they won't let you buy it I just tried to buy some in the 16.30's and the second they saw my order which was only 1000 shares they ran it away from me.They are not willing to give you stock they want you to pay up for it. I have had this happen in this stock before and paid up only to have them kick it down into the close.
yes it is. My style is to hold a large long core position from oversold to exaughsted, even if that takes a year, and to trade the channel just to take money off the table for consumption.
Looking for volotility here and 50 - 70 cent ranges intra day. RGLD used to trade like that when vol was 500k+ but now that it is being accumulated, volotility is down.
Nice pic did you paint that?
I cannot help continuing to be be cautious today. Am not convinced that today is a day to rebuild. Am watching the action. Feels like "watching grass grow" so far. But my style is trade for a few bucks & be flat at the end of the day - yours may be totally different.
the current drop in PM stocks mainly related to the FOMC minutes from the Aug 10th minutes.
The market looks like it caught a bid on release of the FOMC minutes from Aug. 10. The discussion indicates that the governors expect to make "significant cumulative" rate hikes because of strong growth ahead.
That certainly is interesting considering the very benign language in the recent policy statement.
Bob predicted this trading day
We neither beg nor we won't bow
Neither can be bought nor sold
We all defend the right
Jah Jah children must unite
For life is worth much more than gold
TT: maybe this is accumulation - that endless bid showing one lot only at 15.51/52 has gobbled up quite a few shares without moving the price - 1/4 of the days volume in a 2 cent range. There was a bid for 20 odd lots at 15.50 the MM's are running from it(outsider bid) and my own offer at 16.60 for only 10 lots. mm's know who their masters are and will not let us outlanders in today.