5 point ES spike???

allenhobbs · Mar 26, 2008

Quote from AAAintheBeltway:

Thanks. Did it get quashed immediately?

Yes, but it served its purpose to clean out the shorts/stops above the market.

AAAintheBeltway · Mar 26, 2008

Quote from brocklanders:

5 point spike? Is that a lot these days? Wake me up when it is 30-50 points.

Ok sorry, go back to sleep.

rc5781 · Mar 26, 2008

that was a cold blooded move...

shortie · Mar 26, 2008

how do I start a rumor like that? :mad:

AAAintheBeltway · Mar 26, 2008

Quote from shortie:

how do I start a rumor like that?

I think it helps if you fly the CNBC people around on your Gulfstream.

operator · Mar 26, 2008

Quote from AAAintheBeltway:

I think it helps if you fly the CNBC people around on your Gulfstream.

All you need to do is buy the Bloomberg guy who types in the strories a ice cream.

atticus · Mar 26, 2008

Quote from rjv27:

I saw like 3 1000 lot orders go off back to back on DOM and T&S's. It was crazy, I though news def. broke. Now I'm thinking it was a fat finger b/c price just tanked back down. Prob some jr trader on a hedge fund desk screwed up the order, ha.

It was Chibondking.

shortie · Mar 26, 2008

I would like to propose a legislation that would further level the playing field for the little guy. Under the legislation, every market participant (no matter how small his/her account) will be entitled to occacionally initiate a market moving rumor. The details of the legislation still needs to be worked out...