Kudos to MMs
- Thread starter nitro
- Start date
NFV 1099.38/ NFV(1) 1143.80. NFV(2) 1179.36. SPX 1,194.23.
All models have moved higher strongly, albeit they are all below SPX. I don't know, odds say this crawls higher to about 1200 to right before the FED announcement. The strength in NFVs have spooked me a little bit from shorting for now.
Everyone expects today to be extremely volatile, but it may be a complete dud of a day like most FED days for the last six months have been.
All models have moved higher strongly, albeit they are all below SPX. I don't know, odds say this crawls higher to about 1200 to right before the FED announcement. The strength in NFVs have spooked me a little bit from shorting for now.
Everyone expects today to be extremely volatile, but it may be a complete dud of a day like most FED days for the last six months have been.
NFV 1099.25. NFV(1) 1144.01. NFV(2) 1179.69. SPX 1,188.37.
NFV(2) and SPX almost convergent. I didn't believe my system on this day, but I forgive myself. The convergence happened in a very strange way (both moving towards each other - I don't think I have ever seen that), and it is not a normal day, perhaps even in the history of markets. So even though shorting intraday was obviously correct up to this point and it would have been systemic, it is not clear that caution is unwarranted.
NFV(2) and SPX almost convergent. I didn't believe my system on this day, but I forgive myself. The convergence happened in a very strange way (both moving towards each other - I don't think I have ever seen that), and it is not a normal day, perhaps even in the history of markets. So even though shorting intraday was obviously correct up to this point and it would have been systemic, it is not clear that caution is unwarranted.
T - 25 minutes. Battleships heading out to sea:
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