SPY 3:15pm??

[Htrader]

Anyone know why the Spoos just started moving like crazy at 3:15pm? Its moving up/down 5 points at a time.

 

[Tech Analysis]

I was just gonna post that same thing. Unbelievable.

 

[aphexcoil]

My Jasper program went CRAZY! ES covered 6 points in a second! Man I bet people got burned on that one. I've never seen it that volatile. That was NASTY.

 

[Ditch]

F*cking assholes in the pit that jerk it around to make some $$$, I guess, the NQ hardly did move. This bullshit is one of the reasons I don't trade ES any more.

 

[saschabr]

must have been a typo error
!!!!!

 

[aphexcoil]

That was just totally disorderly movement. Looks like a program went off and triggered another program -- or some type of computer FU.

I've never seen it like that. I'm glad I didn't pick today to start trading.

Ps: You can look at the graph and tell something went haywire -- they play dirty games but this reeks of something more. It looks like pure static.

 

[dawg]

there was also HUGE vol on the ES almost 40k contracts in a 5 minute span. could mark a short term top? .

 

[SethArb]

 

[chasinfla]

no typo. squawk was calling out 2-3 handle spreads..4X6 5X8 3X5 in that order that fast.

 

[aphexcoil]

Seth,

Jasper is a program I am writing to help me with order managment via IB. I don't like their interface or software too much so I came up with my own autotrader. Its coming along slowly but surely ...