Any news out?

heilbronner · Feb 27, 2004

Quote from waggie945:

"What difference does it make? Price hit resistance, there was a divergence, price fell to support. The "why" is irrelevant."

Very true.

Agree. But as I saw no news I wanted to make sure that I'm not missing something .

Now I know that there isn't any important news out, fine.
Thanks to those who have answered that quickly.

Happy trading.

dbphoenix · Feb 27, 2004

Quote from heilbronner:

Agree. But as I saw no news I wanted to make sure that I'm not missing something .

Now I know that there isn't any important news out, fine.
Thanks to those who have answered that quickly.

Happy trading.

If you weren't already in, then you missed something. If you were in and had no target in mind, then you missed something else.

PetaDollar · Feb 27, 2004

something about possible busting of trades just came over IB

heilbronner · Feb 27, 2004

Quote from dbphoenix:

If you weren't already in, then you missed something. If you were in and had no target in mind, then you missed something else.

True.

dbphoenix · Feb 27, 2004

Quote from peterfigliozzi:

something about possible busting of trades just came over IB

If they want my money, they're going to have to pry it out of my cold, dead hands. :mad:

heilbronner · Feb 27, 2004

Quote from peterfigliozzi:

something about possible busting of trades just came over IB

Do you think busted trades on Island/Instinet can affect NQ that much ?

heilbronner · Feb 27, 2004

Something else. I did a trade in pre market today on Island which turned out be quite profitable. Why can someone now come to me and say that this trade is going to be busted????

IMHO, trade done, so what!

ddog · Feb 27, 2004

Quote from dbphoenix:

What difference does it make? Price hit resistance, there was a divergence, price fell to support. The "why" is irrelevant.

db,

What was the divergence?

thanks

dbphoenix · Feb 27, 2004

Quote from ddog:

db,

What was the divergence?

thanks

Volume.

prox · Feb 27, 2004

Look at all the Fridays in the past year, you'll typically find an early manipulated push before reversing very hard. The big money want to get their order in off their weekly bars and bait the market to get a better fill.