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Inventory Grab Alert 4/30/09!
- Thread starter AMT4SWA
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Initiated bullshit...
This whole thing is a triviality. The only big/new things in it are big/new words.
I can explain it in a few lines, with no need of any new words/concepts/theories.
I would not be surprised if many guys in here are just one guy talking to himself.
I can explain it in a few lines, with no need of any new words/concepts/theories.
I would not be surprised if many guys in here are just one guy talking to himself.
Quote from stoneface:
Dont know what happened on the news wire, but hope you got some good fills on your short AMT!
Market printed down to 891 before initiated buying showed up.
I wouldn't call that initiated buying. A more accurate description is that responsive buying stepped in at 891.
btw, the news was bank of america needs to raise $34 billion to satify stress test.
Quote from riskfreetrading:
This whole thing is a triviality. The only big/new things in it are big/new words.
I can explain it in a few lines, with no need of any new words/concepts/theories.
I would not be surprised if many guys in here are just one guy talking to himself.
So why don't you enlighten us instead of trashing yet another thread mr know-it-all...
Quote from WinSum:
I wouldn't call that initiated buying. A more accurate description is that responsive buying stepped in at 891.
btw, the news was bank of america needs to raise $34 billion to satify stress test.
At this point... I would agree with that since there was no follow thru buying.
Futures are just an instrument. They are derivatives. The real thing are stocks in SP500.
If you take a look at the them, energy stocks have major influence on SP500 (because the other garbage lost value in this bear market).
Now look at the dollar. It is solidly up, which means oil/commodities prices down. This means energy stocks down. Which means SP500 down. This means SPY down. Which means futures down. As simply as that!
The only thing to grab is what I just wrote. Get that to your head.
If you take a look at the them, energy stocks have major influence on SP500 (because the other garbage lost value in this bear market).
Now look at the dollar. It is solidly up, which means oil/commodities prices down. This means energy stocks down. Which means SP500 down. This means SPY down. Which means futures down. As simply as that!
The only thing to grab is what I just wrote. Get that to your head.
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