ES Journal Archive (2006 - 2008)

[Sponger]

2006, sorry for the duplicate post - thanks for the feedback!

 

[Spooz Top]

sharp reaction off area 51 is proving to be significant & a possible line in the sand...........dow cah 650 as well....would`nt surprise me to see a sharp sell from here.

 

[Brucelee]

Quote from Spooz Top:

we all know "how" it`s supposed to work.....the question is does it???

Commodity Futures Trading Commission (CFTC) regulates the rules and maintains functionality of its algorithms. I don´t see how it can gain through manipulation of existing integrated software systems. It makes the rules for all to see and applies them, end of story. The rest are just conspiracy theories.

 

[JimmyJam]

Quote from 2006:

What a day.

Had my buy order missed at 710 (hit price but did not fill)
Had my sell order missed at 770 (hit price but did not fill)

I had this day dialed. Everything played out exactly as planned, but couldn't capitilize. Unreal.

Still up on some small scalps but missed the meat on that swing up.

What's your order entry platform?

I use NT, the have a number of order entry techniques which have removed all of the hassels you're talking about here.

Oh, and BTW, USE LIMIT ORDERS.

Me personally, I never use Market Orders, had my ass handed to me once years ago using market orders, and after that, NO More.

JJ

 

[Spooz Top]

Quote from Brucelee:

Commodity Futures Trading Commission (CFTC) regulates the rules and maintains functionality of its algorithms. I don´t see how it can gain through manipulation of existing integrated software systems. It makes the rules for all to see and applies them, end of story. The rest are just conspiracy theories.

you think so,huh............i remember back in the late `90`s when everone called PPT a ficticious fabrication of ones imagination or in your words a conspiracy theory............just remeber anything is possible....especially when it comes to large sums of money.

 

[JimmyJam]

Quote from JimmyJam:

LMAO, don't follow me, even though I'm Short @ 1547.75.

Market is still very bullish, but I say NO!

JJ

Out at 1546.00, yesterday's high held the market back, looking for one more wave downards (at least that's how I'll play it if it comes).

JJ

 

[Brucelee]

Quote from Spooz Top:

you think so,huh............i remember back in the late `90`s when everyone called PPT a ficticious fabrication of ones imagination or in your words a conspiracy theory............just remeber anything is possible....especially when it comes to large sums of money.

I am only saying that it sounds unlikely that they are manipulating algorithms on a adhoc bases for the benefit of some big player without some other big player noticing. CME makes money weather you win or you lose, why would they favor one entity and risk all? P.S. I am not familiar with PPT.

 

[riaamaan]

Quote from Brucelee:

P.S. I am not familiar with PPT.

plunge protection team

Govt, central banks and finance houses work together (conspire) to keep markets from crashing.

 

[Brucelee]

Quote from riaamaan:

plunge protection team

Govt, central banks and finance houses work together (conspire) to keep markets from crashing.

That analogy is rather extreme with regards to what I am talking about.

 

[Spooz Top]

Quote from Brucelee:

I am only saying that it sounds unlikely that they are manipulating algorithms on a adhoc bases for the benefit of some big player without some other big player noticing. CME makes money weather you win or you lose, why would they favor one entity and risk all? P.S. I am not familiar with PPT.

in `98 myself & a group of guys i traded with started noticing unusual behavior at critical inflection points on the S&P charts....monster lots coming in on the spooz bid while the market was in free fall.......no whale or institution was going to come in & save the market & catch a falling knife with that type of size.......so we dubbed this action as the CPT or crash protection team.while most thought we were nuts for even considering this could be possible,especially in the "free" markets.needless to say we were later proven correct as it leaked out that Reagan put this syndiacate together after the `87 crash.i believe that Stephanopolous came out & revealed it in an article in 2003 & how it worked.......hence the infamous PPT.
nothing is "impossible" when it comes to big money & we play in the largets casino in the world.