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Re: Leirum post# 7511

Wednesday, 04/09/2014 5:55:56 PM

Wednesday, April 09, 2014 5:55:56 PM

Post# of 11119
This reminds me of that Elton John song about Marilyn Monroe (candle in the wind)right now...PAL is red candles in the wind...to many PAL is to be used and abused....but its the real deal....

...the momo traders are having a field day too with PAL....time to load up at these levels.....as this thing will start climbing back.....PAL is at the mercy of this "necessary evil" type of toxic financing and the ensuing manipulation...its a shame cause its a much needed source of palladium in the non-Soviet world........


What makes me feel comfortable is the short interest. As you can see from the link, the shorties were right when they went against PAL but recently they covered back and the Ratio is now down to 1 day to cover versus the high of 14 days last fall.


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