Nice little pop going, maybe it will follow thru?
ES Journal - 2014
- Thread starter murica
- Start date
Avg now is 1783.66. Asking 1782 to flatten. Day order.
people,fund managers,quants waiting for support levelswho would buy here? they are still eating lunch on the "floor"
+
Speaking only for myself, a small trader - I can't move the tape with an order but if I were running a fund, the easiest way to disguise putting on size would be to fade the fear. Hard limits are too obvious, stops are always hunted, so why not provide a service to The Market and stabilize the spikes?
-1.66... Could've been a lot worse.
I've been buying TNA calls all morning
Option contracts on the 3x russsel long etf - a turbo leveraged long position on smallcap index with limited downside, because stops are also targets, depending on which side of the screen you're on :eek:
what are you long or short here?