Quote from Blotto:
If you traded in Q4 '08 you'll like this. ES is 0.5 wide in more than 50 contracts for a few minutes today.... NQ 0.5 too. The good old days are back? I'm going to post this here, rather than in trading blotters as it isn't my blotter and I don't want to piss off the mods.
This isn't mine, and I don't know if posting it is against the rules, but here is a blotter showing net P&L of other traders at my firm.
One individual is up $1,150,687.50 on 14932 RTs in the ES. Back of the envelope calculation shows this to be more than half of one per cent of the total business transacted today.
I don't know anything more about this than what I've posted, so please no questions about this trader by PM or otherwise. Nice example of what can be done though....
Final thoughts - no reason to short these markets yet....pay close attention to what has happened earlier. Kudos to those who made points earlier.