bullets getting shot

Quote from john_nyc_trader:

...This will undoubtedly have an affect on Program Trading, which will have an affect on the ebb and flow of the S&P futures.
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I don't think that stock index program traders are bound by the downtick rule.

nitro
 
Quote from sdtrader:



No I know what you are saying. I can still get short, but I haven't been able to get anything above 1500 shares so far and it has been much harder to get. With Bullets I can cross the market .10 and watch the idiots pick me off when the stock is going to move .50. If things stay like this....its going to be much harder for those easy picks...and the stock will simply not move the same. I hear ya though...we will figure it out. Somehow......
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Absolutely, all good traders figure out a way!
 
Quote from john_nyc_trader:

How are hege funds going to adapt? A fund like SAC that derives over 90% on daytrading is going to be severely impacted.

This will undoubtedly have an affect on Program Trading, which will have an affect on the ebb and flow of the S&P futures.
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No; contrary to popular belief, most people who make money are not daytrading.

There is no downtick rule for index arbs; thus they are selling short stock on downticks all the time without options anyway.
 
When Program Traders are trading selling a basket of DOW stocks, I assume they like everyone else is using bullets to get short.

volatility will eventually get killed. Anyone have a real time scan of Beta/Volatility on specific stocks relative to their past trading history, i.e. historical volatility? Would be interesting to see the vols on those stocks today.
 
Quote from john_nyc_trader:

Bungrider...

Is what you are saying accurate? No downtick rule for them?
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Only when curbs come in do they get restricted. In exchange for being able to short without a downtick, they have all sorts of registration requirements as program traders.
 
Quote from DaveN:

...In exchange for being able to short without a downtick, they have all sorts of registration requirements as program traders.
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Do you know where I can find out more about this?

nitro
 
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