Inventory Grab Alert 4/30/09!

[AMT4SWA]

Quote from stoneface:

Seems like with all the shorties active in the market, and no more shorts getting active... there are a ton of stops above 48's that can get flushed out for a nice pop.

No further downside continuation... no one willing to sell below 40! Shorts looking to be in danger unless they get active or longs liquidate?

Yes......this is potentially a VERY REACTIVE zone that has been built here......great potential here.

 

[AMT4SWA]

Quote from stoneface:

Seems like with all the shorties active in the market, and no more shorts getting active... there are a ton of stops above 48's that can get flushed out for a nice pop.

No further downside continuation... no one willing to sell below 40! Shorts looking to be in danger unless they get active or longs liquidate?

Also, just as a heads up.....when these type zones influence price participation.......it moves fast, both up or down once price starts running!

 

[Insearch]

The shorts don't seem to be budging for now (4:00pm EST), but neither are the longs from the 940 area.

I'm I correct in saying that there is roughly 80K short held inventory in the 44.25-49 zone and ~30K in the 46-49 zone?

 

[shortie]

Quote from shortie:

i am guessing qqqq will close 36.45 (around where it is now)

i am happy to report that after applying my highly intuitive predictive model:

36.44
+0.05 (0.14%)
Jun 2 - Close



back to your guys ES trading now

 

[AMT4SWA]

Quote from Insearch:

The shorts don't seem to be budging for now (4:00pm EST), but neither are the longs from the 940 area.

I'm I correct in saying that there is roughly 80K short held inventory in the 44.25-49 zone and ~30K in the 46-49 zone?

44.25-49.00 has net short position built up of roughly 48,000 contracts. the 46.00 - 49.00 area I mentioned before is not an area you need a measure for.......the overall held inventory of 48,000 is all you have to pay attention too. If this group of inventory "bails" you will notice it....I assure you! :eek:

 

[shortie]

Quote from AMT4SWA:

44.25-49.00 has net short position built up of roughly 48,000 contracts.

AMT do I understand it correctly that this is a large amount of short inventory compared to what you usually see? if so, does this large size suggest an imminent large move?

 

[AMT4SWA]

Quote from shortie:

AMT do I understand it correctly that this is a large amount of short inventory compared to what you usually see? if so, does this large size suggest an imminent large move?

Ahhhhhhhhh......YES!

There is great potential movement of price off zones that grow this big (my experience has shown this type of build up IS SIGNIFICANT......some very big players are making a BIG BET here).

 

[AMT4SWA]

Quote from shortie:

AMT do I understand it correctly that this is a large amount of short inventory compared to what you usually see? if so, does this large size suggest an imminent large move?

But the delta never gives any good info to trade from, so just ignore everything you see here......:eek:




BTW, side scalp selling every 947's rotation end part of day was almost like work......LOL! :eek:

 

[shortie]

Quote from AMT4SWA:

Ahhhhhhhhh......YES!

There is great potential movement of price off zones that grow this big (my experience has shown this type of build up IS SIGNIFICANT......some very big players are making a BIG BET here).

but the significant move may still prove to be to the upside even though the odds are that ES tanks, right?

 

[Insearch]

Quote from AMT4SWA:

44.25-49.00 has net short position built up of roughly 48,000 contracts. the 46.00 - 49.00 area I mentioned before is not an area you need a measure for.......the overall held inventory of 48,000 is all you have to pay attention too. If this group of inventory "bails" you will notice it....I assure you! :eek:

I think I see where you come up with the 48K, but what about counting the CD readings from 1:30EST onwards when price traded the 44.25-47.75? See attached, am I missing something or do I perhaps have a data issue?