Feb. 4 2011 | Despite jobs report, economic news is stronger than expected and the market reacts accordingly, reports CNBC's Bob Pisani. Also, David Faber and Gary Kaminsky takes a look at a surprising rise in average hourly wages and other economic topics, with David Stockman, former Reagan OMB director.
Friday, February 4, 2011
Ted Butler : JPMorgan and the other COMEX crooks are successful in tricking the technical funds into forced selling
Ted Butler : No one knows for sure. It comes down to how much additional long liquidation the big shorts can engineer. We are still above all the critical moving averages, so there does exist the possibility we could go lower to get the technical funds completely flushed out. For sure, if we do go lower, it will be because JPMorgan and the other COMEX crooks are successful in tricking the technical funds into forced selling and not for any other reason. But there has been significant liquidation already, so it is just as possible it could be done or nearly so. Certainly there is nothing in the real world of silver that would account for further selling.
A T.V. First: Donald Trump And His Five Children
For the first time, Donald Trump, his wife, Melania, and all five of his children sit down for a family interview. Plus, meet the "other" Donald Trump and more fascinating families! Tune in Monday, Februrary 7th! Go to Oprah.com for more information.can't wait to see this..
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