Its Here

The plight of the swing trader. Screw you guys arguing around X-Mas. WTF was the action today? Hmmm? Insanity.

Where were the short clowns? Did they really close their shorts and reverse on the "buy the Trump dip?" Hehe, I don't think they did, and I think that every technical indicator from here back to 2008 is broken...We have a new paradigm in the markets now, and the indicators need to adjust.

Why do I think this? For many reasons. But part and parcel to that is this following snapshot of today, at around 4:07 PM ET, which I posted in another thread. Look at the range, and the numbers.

insane manalyzer1218a.jpg


And before anyone cries out about percentages and stuff, yada yada, I hear that. But these days, we care about tick number movements, not percentages.


I had more to say about today, but lost my train of thought. Whoops.
 
S2007S said:
As I said the last two days I see a significant bounce coming, at least 4% is in the cards, however get ready to sell sell sell...I'll be adding a ton of short ETFs so I hope the markets rally 7%~8%- 9%!!!!! Bring it!
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When?
 
maximumpossiblesuffering said:
I used to be a member of the Plunge Protection Team. The Plunge Protection Team Facility where I worked for a few months was located inside of an old abandoned military aircraft hanger. This hanger was converted to a multifloor facility with many desks and computer monitors. Although we did not know what financial instrument we were trading, we could get a sense of the urgency of the situation at hand by a signal light. When the signal light was green, we were to hit the buy button at a somewhat random and leisurely pace. When the light turned yellow, we were to hit the buy button consistently at a even pace. When the signal was red, we were to hit the buy button as fast as possible until the light changed back to yellow. I was once called into the head trader’s office for a repremand because my buy click rate during red alerts were not as fast as my coworkers. While in the head trader’s office, I noticed his keypad had three buttons. They were “Buy”, “Federal Reserve”, and “Swissair”. Presumably, if this head trader felt the PPT could not keep up, he was to notify the Fed in order to get qualitative easing. The “Swissair” button was probably for creating an expedited reservation for flight out of the US, should Fed stimulus measures failed. I was eventually fired over my slow click rate, as I was not willing to use the techniques that some of the other traders used to maintain a high and sustained click rate. Namely, self pleasure while simultainiously clicking the buy button.

Disclosure: Any simularity of events, places, and people depicted in this story to actual events, places, and people are merely coincidental.
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Well done! You have done your job maximumpossiblesuffering!:thumbsup:
 
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