ES Journal Archive (2009 - 2010)

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My comment for the end of this year:

professional "a..holes" have proven once again that they deserve the full meaning of "fraudsters" in the very meaning of this expression !!!!!!


Happy New Year to all "gangster"fighters !!!
 
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You can’t ask for a less likely time to trade then New Year’s Eve after the market closed and with all the futures markets closed, but someone has been selling hundreds of thousands of SPY significantly lower than the close. The ES closed 1113.25 and the equivalent trading going on in the SPY right now is 1106. Seven points wasn’t much in the volatile days but it is a lot now.

Does he know something? Is he afraid of a margin call next week because he was out of line at the close?

Feel free to come up with any other theories.
 
Happy new year to all ET members, may it turn out to be more prosperous than 2009, but what's more important is that we are happy and healthy, so all the best to all as always!
 
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