It this market being proped up?

Who is proping this market up?

  • No one, it's the natural order of things

    Votes: 30 41.1%
  • Plunge Protection Team (PPT)

    Votes: 23 31.5%
  • Insititutional traders,

    Votes: 14 19.2%
  • Retail Investors / buy the dip investors

    Votes: 6 8.2%

  • Total voters
    73
Quote from areyoukidding?:

18 Hours later, hes back and now wants to bet. LOL. :p

Maybe if you posted a few hours ago, i wouldve taken you up on it.

I think you're mistaken. I accepted yesterday. I believe it was prudent to wait until the market was near to closing before gloating. It's moot, as you'll always lose. Next time I suggest you roll over until the urge, or gas, passes peacefully under the sheets.
 
riskarb,

Good Call...

got squeezed out with some profits but not as much as a once had :mad:

were you the one who called the market 'coiled spring'?

exactly what happened...

Now the question is... it's a new month... do we roll over now or in another week or 2?
 
Quote from protrader-2K5:

riskarb,

Good Call...

got squeezed out with some profits but not as much as a once had :mad:

were you the one who called the market 'coiled spring'?

exactly what happened...

Now the question is... it's a new month... do we roll over now or in another week or 2?

Yeah, the coiled spring comment was mine. You know what they say, "sun shines on a dog's ass..." I went flat today, other than some upside hedges in Dax. I don't see a lot of movement over the next week with Labor Day. Certainly wouldn't short into LD due to lack of liquidity and vol. It's a seasonally-strong event as well.
 
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