tag:blogger.com,1999:blog-27784316.post3894556738502561777..comments2023-09-06T03:23:43.027-07:00Comments on I AM A FUTURES TRADER: Chris Johnstonhttp://www.blogger.com/profile/01542415946929766288noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-27784316.post-79983702340548462352013-01-28T07:32:53.453-08:002013-01-28T07:32:53.453-08:00The manipulation in the metals is to the upside vi...The manipulation in the metals is to the upside via governments buying Gold at a heavy pace which limits supply. Gold bugs arguing the other way are not paying attention to the facts. Other than currencies, governments always manipulate up not down.Chris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-82069885345292698992013-01-27T14:12:47.994-08:002013-01-27T14:12:47.994-08:00Zero Hedge hosts an analyst named Reggie Middleton...Zero Hedge hosts an analyst named Reggie Middleton who had a pretty good take on Apple's margins getting squeezed. They also had strong articles on how the hedge fund sector was heavily overweight AAPL, making an eventual rush for the exits inevitable. Meanwhile there was a lot of euphoria about AAPL in the investing public, wild claims about future valuations, and the charts themselves showed a blow off top: <br /><br />http://peterlbrandt.com/the-apple-aapl-is-falling-from-the-tree/<br /><br />Pretty easy call to make, I think - classic short setup.<br /><br />As far "something odd happening to prevent" expected market behavior, I think we can all agree that Fed manipulation has played a big part the past few years. If "they" have unlimited money to ramp ES with the PPT, why couldn't they also naked short gold and silver? Look what was done with LIBOR, which pertains to a much larger market - surely there's funny business going on elsewhere.<br /><br />But as for making trading decisions, you're right, it means nothing.<br /><br />Did you see the big move in cotton? New highs, 50/200 bullish cross, near long term support.Mnoreply@blogger.comtag:blogger.com,1999:blog-27784316.post-15255391118019925662013-01-27T06:31:21.078-08:002013-01-27T06:31:21.078-08:00Just look at the name of the site and it's exp...Just look at the name of the site and it's explanation, pretty negative. There is incredible information there and I read it selectively. I am shocked though at how there is never a positive article, the conclusions are always that prices need to crash and gold needs to rise. When it isn't happening there is seemingly a hint that something odd is happening to prevent it. I don't think he is a trader so making trading decisions based on his comments is probably not a good idea. I suspect he gets paid by the word not the accuracy of them.Chris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-32573281316761996072013-01-26T10:44:51.800-08:002013-01-26T10:44:51.800-08:00Nice post :) And yeah, fading zerohedge seems to b...Nice post :) And yeah, fading zerohedge seems to be the smart play, too many people I know read zerohedge, and are leveraged up on triple inverse ETFs and have trouble sleeping cos they're down big!Vikashttps://www.blogger.com/profile/08975404537114085288noreply@blogger.com