HUGE bets on SPY/ES/SP related options and derivatives.
NQ and NDX has a relatively smaller impact on the big players' P/L, so it is allowed to move to the downside intraday more than the ES.
Until after Friday, happy 10 pt up and down runs.
ES Journal Archive (2009 - 2010)
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HUGE bets on SPY/ES/SP related options and derivatives.
NQ and NDX has a relatively smaller impact on the big players' P/L, so it is allowed to move to the downside intraday more than the ES.
Until after Friday, happy 10 pt up and down runs.
More annoying than that is the absolute stupidity of bears out there to understand strategic price levels that are important to break through...rookies !
We are near an end of at least one of the followings from now til 1st quarter of next year -
1. end of the US as a sovereign country
2. end of this bear market correction
3. end of worldwide peace
I suspect if you have long puts in the stock mkt and that should a big drop really happen in near future, many governments will still take it away as sin money. =(
If the trader trades price and how price reacts to key areas one must not worried about the correlation of price and the fundamentals.
On top of that, there is no such thing as too high or too low. Bullish reaction at the top is as bullish as bullish reaction at the bottom, the psychological perception clouds the traders judgement but in reality there is no difference between the two.
ESD
And here we go again :
1104.25 easy defended by bulls...just buy 1000 lots 1004.50, sell 1005.25. Easy money.
Insane....
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