SPY 3:15pm??

[aphexcoil]

rtharp,

This isn't a 1,2 or 5 minute graph. That is a 250 tick graph. Those 5 point jumps were occuring within SECONDS. You are probably a much better trader than I would be out of the gates but to me, that is just insanity. As long as I've been watching ES (months), I've never seen it do that.

 

[ddefina]

The ES is down 10 points already after the close. Could be just as wild during the after hours tonight.

 

[aphexcoil]

Why is it down? What's the news?

 

[macal425]

intc missed.

 

[Ditch]

If you want to capitalize max. on after hour moves trade ESTX50.

 

[aphexcoil]

I guess we're not breaking 900 this month.

 

[stock777]

That insanity is one reason why I almost never use hard stops.

It was either the boyz (my guess) tearing you a new one, or some wierd computer malfunction somewhere, that kept executing size.

Fast markets especially when there's no reason for it, are pure gambling.

 

[aphexcoil]

That was beyond fast. That was Hyper-market on crack. I'm not even sure IB's computers would have had time to execute stops with that whipsawing. I can't imagine big-boys could execute trades that quickly -- unless it was some sort of computer aided trading. It was just moving much too fast.

 

[stock777]

I use a proprietary computer generated voice callout of the futures, and it sounded like it was being sodomized.

 

[tmb]

The wild action occurred at the price corresponding to the 50-day SMA (just above 88), for what it's worth. The longs were looking to close above it after coming back in just 4 sessions from a new multi-year low and I think some of the big players may have had other ideas.