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charts: aspect ratio

a charts aspect ratio can affect the veiwers perception of data.see the page from the walkenbach book on excel charting.the normal aspect ratio is  4:3.ie 4 wide by 3 height.hence trends can be misinterpretted8118283265?profile=original
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Sick Baby Antelope

“I also don't lose much on my trades, because I wait for the exact right moment. Most people will not wait for an environment to tip itself off. They will walk into the forest when it is still dark, while I waituntil it gets light. Although the cheetah is the fastest animal in the world and can catch any animal on the plains, it will wait until it is absolutely sure it can catch its prey. It may hide in the bush for a week, waiting for just the right moment. It will wait for a baby antelope, and not just any baby antelope, preferably one that is sick or lame. Only then, when there is no chance it can lose it's prey, does it attack. That, to me, is the epitome of professional trading" - M Weinstein
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In the short run, silver appears to be topping. The iShares Silver Trust (NYSE:SLV) traded as high as $32.68 before pulling back to its current level at $32.20. Silver opened sharply higher on global worries along with gold. The SPDR Gold Trust (NYSE:GLD) opened at $136.92 and has since pulled back as well.  The key to the silver trade being ready to correct is that it is an industrial metal as much as it is a store for safety.

As instability jumps and oil prices rise, GDP all over the globe will take a hit. The higher oil and gas prices go, the bigger hit to growth across the globe. Think of oil prices as a tax on companies and people. This limits their spending thus slowing global growth. The slower global growth, the weaker demand for silver as an industrial metal. In addition, many silver company charts have surged into major double tops. A great example would be Silver Wheaton Corp. (NYSE:SLW). The double top level hit today was $41.85 - $42.35. Silver may not pull back much but could see a fall on the SLV back to $30.00 in the short term. To gain more hardcore guidance, analysis, swing trades and education, join the Research Center. Take a free trial today.

Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
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Many professional traders and investors suspect that the large major banks buy the major stock indexes just before the Federal Reserve Bank initiates their daily permanent open market operation (POMO). It is suspected that often the large major banks such as J.P. Morgan Chase and Co.(NYSE:JPM), Bank of America Corp.(NYSE:BAC), Wells Fargo & Co.(NYSE:WFC), and Citigroup Inc.(NYSE:C) simply buy the market leading stocks such as Apple Inc.(NASDAQ:AAPL), Exxon Mobil Corp.(NYSE:XOM) and others which help to inflate the stock markets and cause rallies nearly every trading day.
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Nearly every trading day since late August 2010 the dip in the stock market has been bought. Many professional traders and investors suspect that the large major banks buy the major stock indexes just before the Federal Reserve Bank initiates their daily permanent open market operation (POMO). It is suspected that often the large major banks such as J.P. Morgan Chase and Co.(NYSE:JPM), Bank of America Corp.(NYSE:BAC), Wells Fargo & Co.(NYSE:WFC), and Citigroup Inc.(NYSE:C) simply buy the market leading stocks such as Apple Inc.(NASDAQ:AAPL), Exxon Mobil Corp.(NYSE:XOM) and others which help to inflate the stock markets and cause rallies nearly every trading day. 

Traders and investors should also realize that the large major banks have not taken a trading loss in months. This has made trading very profitable for these large major institutions. These large financial giants can also borrow capital or cash from the Federal Reserve Bank at zero percent. It has also been rumored in the trading world that these institutions are also using very high leverage for trading that is comparable to the pre-financial crisis levels back in 2007 and 2008. When you think about it, what risk are the large banks really taking? They will just be bailed out by the government if something went wrong.

The big question that many traders and investors are asking today is will the banks buy the dip again? The down trend in this stock market today is severe and very sharp. The decline is broad based and many market leaders have dropped sharply. The financial stocks which have lead the stock market indexes higher since late November 2010 are selling off violently. Today does not look as if the stock market will stage a comeback, however, if there is one thing that we have seen in this market it is that anything can happen at anytime.
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