I picked it up from the chart pattern.
How was this crash obvious?
- Thread starter Aj2014
- Start date
Crash? WTF, I see no crash. Where is crash?
According to our Efficient Markets Hypothesis, we have deducted that no such thing can happen. You see, the stock-market over all is flawless and always prices in proper price-discovery in realtime and also is forward looking and prices in all things in advance. It is impossible for a crash to happen, because it is all knowing and knows ahead of time how to react to every bit of present, past, and future bits of info. It even sees things happening BEFORE they exist, and prices them in accurately.
You people are making something out of nothing. Just think for a logical moment here man, even if we did have a group of people who had 'got something wrong', the market would have arbitraged it all away. You can't predict or get an edge, it is futile to try.
Stop spreading false rumors and lies. Only a trader would come up with such nonsense about markets not seeing something like this coming.
Idiot!!!
According to our Efficient Markets Hypothesis, we have deducted that no such thing can happen. You see, the stock-market over all is flawless and always prices in proper price-discovery in realtime and also is forward looking and prices in all things in advance. It is impossible for a crash to happen, because it is all knowing and knows ahead of time how to react to every bit of present, past, and future bits of info. It even sees things happening BEFORE they exist, and prices them in accurately.
You people are making something out of nothing. Just think for a logical moment here man, even if we did have a group of people who had 'got something wrong', the market would have arbitraged it all away. You can't predict or get an edge, it is futile to try.
Stop spreading false rumors and lies. Only a trader would come up with such nonsense about markets not seeing something like this coming.
Idiot!!!
It may not be an "instacrash" like we saw in March 2020 with breakers being hit, but you have to admit that the Dow dropping 1600 points and the SP dropping 230 points in two trading days is quite a rapid and violent downturn, especially considering the uptrend they were on from previous 2 days.
I do hope that everyone realizes my post was 'sarcasm'. That said, to be honest, after trading crypto for a few years, even a 3% drop in S&P is barely noticeable compared to my drawdowns I'm used to...
The only problem is how it affects my derivates.
The only problem is how it affects my derivates.
Actually, I did trade futures. Remember the CME Group's Micro Ether Futures in my journal? 
Actually, I did trade futures. Remember the CME Group's Micro Ether Futures in my journal?
I meant the equity futures, not the Micro Ether, heh.
If a person doesn't know how to make future projections for whatever time frame or degree of certainty, that's ok, but someone can't therefore conclude no one else can. I'm not a believer the market is entirely random and many others aren't either. It's a progression of movement over time and different methods can be used to quantify and project future moves.
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NQ futures dropped 7 percent from yesterday's open to today's close. That is a crash level move for sure. I've been short since April 5 2022 but up until today the damage was mainly in the NQ but it has spread to YM & RUT.
I did reverse my swing positions for about 14 hours between April 20 close and April 21 morning when the technicals short term were very negative. There was vicious selling on the NQ.
Today for sure was a macro dump of stocks since YM was down more than the NQ really until the selling intensified. In the last 22 minutes the YM lost 510 points. So many failed intraday rallies says there is something larger going on.
I remember seeing an intraday graph of the week prior to the 1987 Black Monday crash and the technicals were very ugly the Thursday & Friday before the crash on Monday.
I did reverse my swing positions for about 14 hours between April 20 close and April 21 morning when the technicals short term were very negative. There was vicious selling on the NQ.
Today for sure was a macro dump of stocks since YM was down more than the NQ really until the selling intensified. In the last 22 minutes the YM lost 510 points. So many failed intraday rallies says there is something larger going on.
I remember seeing an intraday graph of the week prior to the 1987 Black Monday crash and the technicals were very ugly the Thursday & Friday before the crash on Monday.