games with the E-mini

PuffyGums · May 23, 2002

Originally posted by ddefina
What good would size do in front of a freight train? He might slow it down, but he would be arbitraged out fast.

Maybe he's trying to encourage more sellers into thinking there's going to be a turn down so that the 'pop' is higher when he removes the fake offer. That appears to be the logic. However, someone with an offer 4 ticks away in not making a market and is wasting everyone's time. Whover he is, he can very quickly modify his price so that he's always 2-4 ticks away.

PuffyGums · May 23, 2002

Hah, he just got filled. Check the one minute bars. There's a huge spike at 2:31 eastern. Now we'll see if he'll make any money.

PuffyGums · May 23, 2002

I think he lost money. The one min bar at 2:40 shows him buying back his losing position (I think).

ddefina · May 23, 2002

Originally posted by PuffyGums
Hah, he just got filled. Check the one minute bars. There's a huge spike at 2:31 eastern. Now we'll see if he'll make any money.

I hope IB isn't his broker, he might take down my futures account!

It's probably that guy from France getting past the margin rules again!

PuffyGums · May 23, 2002

He's back, now he's 5 ticks away. Guess he got burned. He he he. Nows he's gone. Whadda maroon.

compisnada2002 · May 23, 2002

this sounds like an auto execute that is putting up bids and pulling them immidiatly to lure suckers in.

cheers,

Comp

sabena · May 23, 2002

Yeah, he is back at the 1095 price with
2000 contracts at 15:05....

PuffyGums · May 23, 2002

It seems that some of the time he actually accepts a fill. Look at the volume on the 1 min bars. Can anyone around here take 2000 contracts? Is that you Mr. Greenspan?

sabena · May 23, 2002

At least it's not me, I only play with

maximum 1000 contract's.....

metooxx · May 23, 2002

Looks like he is auto quoting for an arb.