I don't think there is any law against "black box" trading....nor is there a law against stupidity Jim Sinclair mocks these people all the time....the same "black box" traders that ignore the 800 pound gorilla that is "the fundamentals" under their noses. These are the people that cut gold off at the knees today. He mocks them because he feels that they will die a horrific, sudden and violent death when gold shoots up $200 in a single session....and doesn't look back. I can wait (a little while longer anyway).