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They ran the stops tonight


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#1 risk_management

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Posted 24 June 2014 - 10:34 PM

Don't really know why did the bid/ask spread widen so much about half an hour ago. Just a stop run or maybe more. Anyway, would ISIL taking over Baghdad have any impact on metals? Thoughts?

#2 gannman

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Posted 24 June 2014 - 11:48 PM

well the whole situation imo is being underestimated. looking on the map from what is being reported they now control half of syria and half of iraq. holy smoke and it doesnt seem like it took much time for that to happen either. so i think it affects the metals and oil most definitely. and affecting oil means it affects everything
feeling mellow with the yellow metal


#3 dharma

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Posted 25 June 2014 - 09:56 AM

well the whole situation imo is being underestimated. looking on the map from what is being reported they now control half of syria and half of iraq. holy smoke and it doesnt seem like it took much time for that to happen either. so i think it affects the metals and oil most definitely. and affecting oil means it affects everything

agree,, we are overbought here, so the bears will have some say over the next days or so. it seems to me we have had a 5 wave advance and we are overbought and correcting that
dharma