Plans for tomorrow

Garbage liquidity in ES right now, look at the book totals.

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lawrence-lugar said:
The future is gambling...it's anybody's guess :confused:
We're all Right and Wrong at the current moment (and even in hindsight retrospect)...as weird as that may sound.

What's important is you're not purely speculating on direction...but have a strategy regardless of current conditions. and execute well.
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well said, anybody that had a good strategy is sitting on a pile of new money today, and if they are like me, very very small at the moment and not ready to jump out of the fire into the frying pan. Those of us that are trend traders waited a long time for this day. Now it happened, and most know it will be another long time before it happens again. As we speak, ES is up 50 points,2.5%. yawn...just another boring day in the stock market
 
loyek590 said:
As we speak, ES is up 50 points
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Think about that for a second though: ES is up 50 pts in the European session. Obviously this is post-selloff bounce, but if ES were doing 50 pts of range a day that'd be sick. Previously people were happy with 10-20. I welcome our new volatility - as long as some liquidity shows back up with it (which might not happen because perhaps they're mutually exclusive).
 
$SPX futures up 3% or nearly 60 points, along with most of Europe, China DOWN 10%, as intervention attempts are halted, WTI crude rebounding. The buy side will be massive today.
 
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