Just saying that the august correction in the SP500 was not a
25 STD DEV move. Now if you are leveraged up the wazoo, ok.
The SPX corrected less than 10% from its peak. I expect some
bullshit as no one likes to lose, but I am surprised it printed.
1987 crash:
The magnitude of...
David Viniar, chief financial officer of Goldman Sachs â whose flagship quantitative multi-strategy Global Alpha hedge fund is down 32.9% this year to mid-September, and in August plunged 22.5% â termed Augustâs market moves as a 25-standard deviation event, something that would normally...
Tomorrow could be dangerous either way. I am alot more concerned about short side surprise; this one is a hard call. Will
most likely be flat into the report then look for a break, how are straddles priced?:confused:
you should be alright. Took a quick long with horrible entry, flat for a small loss. The pivot looks like a brick wall at the moment.
Atticus I assume you are still holding short here?
agreed, most professional traders have at least 2 sources of data, one for data consistency and in case one platform fails you have a backup to hedge. Good luck.
Man, tough crowd, you need a PHD to post here., although I appreciate the use of the words "dump" and "puke" as trading metaphors. Someone needs to start an ET trading glossary. :D