this could be many JPMs today...
From "Scruffy":
“At this time there are many more bids than asks. A good indicator of sentiment. As well it should. The value ofxxx is significantly more than its currrent share price.
High frequency trading, peer to peer price fixing, and shorting are all in play as long as the crooks hold the politico's within their control. The real question remains... what will cause it to end and when?”...see below....
Sinclair…bits and pieces…
“…the banks are inducing selling so that they can buy your sells......don't do it!!!! “
“The bottom will come, which is likely yesterday, when the bulk of the future contracts are moved from short to long. Cause and effect rules the casino markets. We are close.”
“…gold and the gold shares decline during a paper operation that is clearly supported by strategically generated headlines. No cares to notice that the retest of May lows is occurring on a fraction of the volume created during their initial formation. This lack of participation suggests waning downside energy.”
“Do not underestimate gold to the upside- ever. It can and will do more than you expect. $1650 on January 2011 remains within reach, but that price target and date will matter little when gold pushes beyond $2000….It can do that in days. Check out 1979-1980”