is it me, or does he look like the singer from Right Said Fred? I thought fridays violent rises and falls were a bit strange... perhaps an indicator of the big boys jostling for position in the next rise?
Wasn't it due to crude prices rising earlier that day, when you see crude rise its pretty normal to go long on silver/gold as they tend to lag behind on the price rises. Also there was lots of speculation on Friday about the u.s government shutdown and what effect it would have on markets, lets also not forget the ECB also raised interest rates as well.
Which indeed I did, hence my use of the word 'thought'. Perhaps I was not clear enough. I was wrong in what I initally thought, that Fridays violentchanges were indicative of big sells by majority holders for one reason or another, pushing the price up. Not being a professional trader, I was distracted by imagining our commentator singing 'I am too sexy for my shirt'. My bad.
I thought for a second this was about last Friday's spike. I don't realize that he was talking about 7 May 2010.
He uses the upgraded version of http://stockcharts.com/. The free charts are ok but dont let you do much stuff with it so to speak.
