GREY:SWYDF - Post by User
Post by
shambano1on Apr 12, 2016 3:46pm
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Post# 24758247
lots of shares on bid and ask
lots of shares on bid and askwhat does that mean, with 200,000 plus on either side?
will we see a a high volume close today or no action what-so-ever?
given the drop in USD I would guess commodities are going up and that should include rough diamonds as well.
heard a new diamond commercial on the radio the other day and they are promoting a 2 diamond stone ring, 1 carat for your loving wife and anthter for your best friend, isn't that so sweet.
but what if they are 2 different women, do you ahve to buy them a double diaond ring each otherwise they will be suspicious?
sounds like double the diamond sales to me but I forget what they called it.
hoping they take out the asks at 1.05 and end the day with high volume and into strength which is a good sign for me for higher prices from here but it could go the other way or end in a wimper.
this week is just getting going, so traders should not be worried about closing out positions, still lots of time for a major move back toward 1.10-1.15 by week's end.
who knows? I didn't expect oil to spike up today, maybe we'll here about a strike at a diamond mine one of these days. would that help rough stone prices???
keeping the faith for now and looking forward to produciton and special the proportion of specials??
GLTA