L lwlee Dec 12, 2007 #3 Yeah, right. Everyone was just waiting for the Fed to unveil this brilliant move. The only happy people are the ones that bought at the close and held in hope for a rebound today.
Yeah, right. Everyone was just waiting for the Fed to unveil this brilliant move. The only happy people are the ones that bought at the close and held in hope for a rebound today.
A Algorithm Dec 12, 2007 #4 Futures were trading with upward bias all morning. So you're saying that nobody woke up and was trading the long side? So just short anything up? Good Luck!
Futures were trading with upward bias all morning. So you're saying that nobody woke up and was trading the long side? So just short anything up? Good Luck!
L lwlee Dec 12, 2007 #5 Sure, some people got an early Christmas present. But some probably went short term bearish to capitalize on a continued move down. I'm not a counter trend trader so I won't be fighting the trend.
Sure, some people got an early Christmas present. But some probably went short term bearish to capitalize on a continued move down. I'm not a counter trend trader so I won't be fighting the trend.
Y yayt Dec 12, 2007 #6 Quote from lwlee: Sure, some people got an early Christmas present. But some probably went short term bearish to capitalize on a continued move down. I'm not a counter trend trader so I won't be fighting the trend. More... Can't take advantage of these kinds of moves, I'm always afraid of gaps in the wrong direction Oh well.
Quote from lwlee: Sure, some people got an early Christmas present. But some probably went short term bearish to capitalize on a continued move down. I'm not a counter trend trader so I won't be fighting the trend. More... Can't take advantage of these kinds of moves, I'm always afraid of gaps in the wrong direction Oh well.
L lwlee Dec 12, 2007 #7 Looking at the market action, it looks like shorting the open would have been a great move. Could be some big players trying to bring it down to get out of their shorts.
Looking at the market action, it looks like shorting the open would have been a great move. Could be some big players trying to bring it down to get out of their shorts.
M Matt24SPFL Dec 12, 2007 #8 The move on G/J just paid 3 months of a mortgage that I don't even have...
F flytiger Dec 12, 2007 #9 Quote from yayt: Can't take advantage of these kinds of moves, I'm always afraid of gaps in the wrong direction Oh well. More... a smart man knows his limitations. Good for you.
Quote from yayt: Can't take advantage of these kinds of moves, I'm always afraid of gaps in the wrong direction Oh well. More... a smart man knows his limitations. Good for you.