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Tremendous out of band buying in GDX.      5-Nov-09 10:23 am    
I've noticed throughout the morning that GDX is trading at say 46.40 yet someone on the surges is willing to buy everyone up to to 46.82 based on the last trade. Not huge trades, but none the less it is relentless.

At first I thought it was late trades but now I'm certain that isn't the case.

To me it signals a very large order is being processed and chunked up to buy GDX.

Regards


Sentiment : Strong Buy
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m5_research

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Tremendous out of band buying in GDX.
m5_research Not rated 5-Nov-09 10:23 am  
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Market Vectors Gold Miners ETF (GDX)

Chart for Market Vectors Gold Miners ETF (GDX)
At 3:52PM ET: 46.23 Up 0.360001 (0.78%)
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