PLATINUM OUTLOOK BY DANIEL BRUNO, CMT
THERE IS A CHICAGO MERC EXCHANGE TRADING COMPETITION UNDERWAY THIS WEEK AND THEY WOULD HAVE US BELIEVE THAT SOMEBODY IS UP 50K ON A 100K ACCOUNT IN JUST 24 HOURS TRADING PLATINUM AND PALLADIUM
$40 MOVE IN PLATINUM...HOW IS THIS POSSIBLE? LOOKING AT THE CHART, THERE IS NO WAY TO KNOW FOR SURE WHAT WILL HAPPEN NEXT...SO JUST HOW DID A TRADER ALLEGEDLY DO IT? SELLING 100K WORTH OF CALLS ABOVE THE RED HORIZONTAL LINE AT JUSTT THE RIGHT MOMENT? SOMETHING IS NOT RIGHT HERE.
$40 MOVE IN PLATINUM...HOW IS THIS POSSIBLE? LOOKING AT THE CHART, THERE IS NO WAY TO KNOW FOR SURE WHAT WILL HAPPEN NEXT...SO JUST HOW DID A TRADER ALLEGEDLY DO IT? SELLING 100K WORTH OF CALLS ABOVE THE RED HORIZONTAL LINE AT JUSTT THE RIGHT MOMENT? SOMETHING IS NOT RIGHT HERE.
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