Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,165.08
(
0.80%
)
US TECH 100
26,538.40
(
1.85%
)
Dow Jones
49,230.71
(
-0.16%
)
Brent Oil
100.66
(
0.00%
)
Bitcoin
77,554.98
(
-0.09%
)
News Focus
News Focus
Post# of 704048
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (5) Keep Next 10 Report Keyboard Shortcuts
Replies (5) Next 10 Prev Next

mlsoft

Send PM Follow Ignore
Followers 113
Posts 13225
Boards Moderated 0
Alias Born 07/07/2002

mlsoft

Member Level

Re: Joe Stocks post# 149702

Wednesday, 09/10/2003 10:10:00 AM

Wednesday, September 10, 2003 10:10:00 AM

Post# of 704048
Joe...

I agree with that post and as I said yesterday I think the pressure would come from the longs taking delivery on their contracts rather than from the POG going higher. Taking delivery would cause a serious short squeeze because the commercials covering normally comes from production not from buying in the markets. Of course some of the commercial shorts are not hedges and they could be run by the POG going higher.

mlsoft
Public Reply Private Reply New Post
Keep Last Read
Replies (5) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (5) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today