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MarketTicker Forums Read Message in NotSoBreakingPrice
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User Info MF fighting 52 week lows in forum [NotSoBreakingPrice]
Teachmehow
Posts: 2127
Incept: 2008-02-17
Green
trenton nj
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The "mini Goldman firm" as the WSJ calls it now that Corzine is running the show is looking ugly down 3% today. This is a CME clearing firm.. is it possible silver margins can't be collected on ?

edit: down 4% and sliding

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patiently waiting for that
unexpected and sharp discontinuous response

Patmcgroin
Posts: 8222
Incept: 2007-09-12

Chicago
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I think it's more due to the EMG UK news, eh? Margins are pretty safe...

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"I know a few arcane, obscure financial acronyms that the general public doesn't know and that's about it."

Teachmehow
Posts: 2127
Incept: 2008-02-17
Green
trenton nj
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Thanks Pat, I was just noticing how wobbly it looks compared to XLF etc % wise, and then wondered how many small guys either had no stops or wide stops or stops that got jumped over in the wee hours of the morning when we touched 26ish... that would go for copper too.. huge slicing lights out moves going on.

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patiently waiting for that
unexpected and sharp discontinuous response
Patmcgroin
Posts: 8222
Incept: 2007-09-12

Chicago
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There are a lot of financial penny-stocks out there. Surely many home-runs, but many more total zeros (not that this is either!)...

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"I know a few arcane, obscure financial acronyms that the general public doesn't know and that's about it."
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