I have been noticing an interesting pattern.
Everyting GE goes up several bars its during low volume rallies.
Then GE will crash during high volume activity.
I am seeing it now. GE up from 12.01 to 12.25 but they are low under 600K volume rallies (600K or less volume bars)
1 minute screen.
see price dumps again over 800K bar and it goes down.
Also what does trading above specialist (NASD) 128 times in 4 seconds mean?
does that mean that people are paying more than the specialist did?
Now I see trading below specialist (NYSEArca) 16 times in less than one second. several of thes (NASD ) as well
price crashing and more of these below specialists (and big red volume bars over 800K)
now I see block trade at the bid 20K share (sounds very bearish)
very interesting to watch.
Level 2 is cool also
some guy had a 61,000 order for 11.90's and the ask side had 12's then bam!
so fast!
1.6+ million and under 11.84 now
I covered.
My first short sale I got in at 12.39
covered at 11.80
covered too soon. Oh well. bird in hand worth two in the bush. Maybe not.
yup covered two soon. Wow 2+ million. down she goes.
I also noticed that watching the options for 12.50 you will see the bids dropping ahead as well.
I need to put a TV in my trading room. maybe something happened on CNBC.
nothing on the GE streaming news.
more block trades at bid, and below specialists then
big ass 2+ million volume crash. 11.44
I also recieved unusual number of prints alert. What the heck does that mean? The tape did look wacky for a bit.
Wow dow/SPY down big!! I forgot to look at the dow/s&p.
So much for the stimulus.
Everyting GE goes up several bars its during low volume rallies.
Then GE will crash during high volume activity.
I am seeing it now. GE up from 12.01 to 12.25 but they are low under 600K volume rallies (600K or less volume bars)
1 minute screen.
see price dumps again over 800K bar and it goes down.
Also what does trading above specialist (NASD) 128 times in 4 seconds mean?
does that mean that people are paying more than the specialist did?
Now I see trading below specialist (NYSEArca) 16 times in less than one second. several of thes (NASD ) as well
price crashing and more of these below specialists (and big red volume bars over 800K)
now I see block trade at the bid 20K share (sounds very bearish)
very interesting to watch.
Level 2 is cool also
some guy had a 61,000 order for 11.90's and the ask side had 12's then bam!
so fast!
1.6+ million and under 11.84 now
I covered.
My first short sale I got in at 12.39
covered at 11.80
covered too soon. Oh well. bird in hand worth two in the bush. Maybe not.
yup covered two soon. Wow 2+ million. down she goes.
I also noticed that watching the options for 12.50 you will see the bids dropping ahead as well.
I need to put a TV in my trading room. maybe something happened on CNBC.
nothing on the GE streaming news.
more block trades at bid, and below specialists then
big ass 2+ million volume crash. 11.44
I also recieved unusual number of prints alert. What the heck does that mean? The tape did look wacky for a bit.
Wow dow/SPY down big!! I forgot to look at the dow/s&p.
So much for the stimulus.