More buyers than sellers is true, but incomplete. I would add more market orders and larger size during the price increments that market orders inspire, especially in panic buying to get a seat on the train.
What caused this huge rally after 1PM ?
- Thread starter Hombre
- Start date
lo vol rally--news coming over cnbc about bush and g20 meeting this weekend?
I was covering shorts and my platform inploded so i had to go to my broker site and place order covered at the low!Friggin brilliant to have your platform puke out ...i was freakin out i got out with my ass barely as vz rallied 80cents from where i covered...Im fkin burnt out today,made money but hard work...dow trading range is 8000-9500 for whatever its worth...bac ge c msft getting routed
my last vz short
Order ID Buy/Sell Qty Symbol Price O.Type Expire Status Fill Sp Executed Entered
4458310484 Buy To Cover 500 VZ Market Day (2008-11-13) Filled 500@29.149 14:06:59 2008-11-13 14:06:57
4458277136 Buy To Cover 500 VZ 29.42 Limit Day (2008-11-13) Filled 500@29.369 14:01:19 2008-11-13 14:01:17
4458213184 Sell Short 500 VZ 29.51 Limit Day (2008-11-13) Filled 500@29.5501 13:53:58 2008-11-13 13:53:56
4458109682 Buy To Cover 500 VZ 29.16 Limit Day (2008-11-13) Filled 500@29.16 13:42:35 2008-11-13 13:42:32
4458078871 Sell Short 500 VZ 29.26 Limit Day (2008-11-13) Filled 500@29.3101 13:39:30 2008-11-13 13:39:28
4458065099 Sell Short 500 VZ 29.10 Limit Day (2008-11-13) Filled 500@29.141 13:38:10 2008-11-13 13:38:07
4457896116 Sell 300 MCD 52.56 Limit Day (2008-11-13) Filled 300@52.741 13:18:34 2008-11-13 13:18:32
4457615490 Buy 300 MCD 52.50 Limit Day (2008-11-13) Filled 300@52.3899 12:54:03 2008-11-13 12:54:02
4457283369 Buy To Cover 500 T 26.64 Limit Day (2008-11-13) Filled 500@26.63 12:10:13 2008-11-13 12:10:09
4457231341 Sell Short 500 T 26.74 Limit Day (2008-11-13) Filled 500@26.74 12:01:54 2008-11-13 12:01:52
4456888035 Buy To Cover 500 T 26.47 Limit Day (2008-11-13) Filled 500@26.4499 11:07:41 2008-11-13 11:07:38
4456853461 Sell Short 500 T 26.63 Limit Day (2008-11-13) Filled 500@26.63 11:02:48 2008-11-13 11:02:33
4456609730 Buy To Cover 500 T 26.68 Limit Day (2008-11-13) Filled 500@26.6699 10:30:00 2008-11-13 10:29:58
4456593835 Buy To Cover 500 T 26.70 Limit Day (2008-11-13) Filled 500@26.699 10:28:10 2008-11-13 10:28:07
4456522898 Sell Short 500 T 26.81 Limit Day (2008-11-13) Filled 500@26.8401 10:21:43 2008-11-13 10:21:39
4456509677 Sell Short 500 T 26.63 Limit Day (2008-11-13) Filled 500@26.63 10:20:38 2008-11-13 10:20:36
4455954816 Buy To Cover 400 T 26.51 Limit Day (2008-11-13) Filled 400@26.51 09:35:44 2008-11-13 09:35:36
4455907725 Sell Short 400 T 26.70 Limit Day (2008-11-13) Filled 400@26.7101 09:32:44 2008-11-13 09:32:43
4458022345 Sell Short 500 VZ 29.11 Limit Day (2008-11-13) Canceled 2008-11-13 13:32:46
4457276704 Buy To Cover 500 T 26.65 Limit Day (2008-11-13) Canceled 2008-11-13 12:08:56
4457172428 Sell Short 300 T 26.82 Limit Day (2008-11-13) Canceled 2008-11-13 11:51:19
I was covering shorts and my platform inploded so i had to go to my broker site and place order covered at the low!Friggin brilliant to have your platform puke out ...i was freakin out i got out with my ass barely as vz rallied 80cents from where i covered...Im fkin burnt out today,made money but hard work...dow trading range is 8000-9500 for whatever its worth...bac ge c msft getting routed
my last vz short
Order ID Buy/Sell Qty Symbol Price O.Type Expire Status Fill Sp Executed Entered
4458310484 Buy To Cover 500 VZ Market Day (2008-11-13) Filled 500@29.149 14:06:59 2008-11-13 14:06:57
4458277136 Buy To Cover 500 VZ 29.42 Limit Day (2008-11-13) Filled 500@29.369 14:01:19 2008-11-13 14:01:17
4458213184 Sell Short 500 VZ 29.51 Limit Day (2008-11-13) Filled 500@29.5501 13:53:58 2008-11-13 13:53:56
4458109682 Buy To Cover 500 VZ 29.16 Limit Day (2008-11-13) Filled 500@29.16 13:42:35 2008-11-13 13:42:32
4458078871 Sell Short 500 VZ 29.26 Limit Day (2008-11-13) Filled 500@29.3101 13:39:30 2008-11-13 13:39:28
4458065099 Sell Short 500 VZ 29.10 Limit Day (2008-11-13) Filled 500@29.141 13:38:10 2008-11-13 13:38:07
4457896116 Sell 300 MCD 52.56 Limit Day (2008-11-13) Filled 300@52.741 13:18:34 2008-11-13 13:18:32
4457615490 Buy 300 MCD 52.50 Limit Day (2008-11-13) Filled 300@52.3899 12:54:03 2008-11-13 12:54:02
4457283369 Buy To Cover 500 T 26.64 Limit Day (2008-11-13) Filled 500@26.63 12:10:13 2008-11-13 12:10:09
4457231341 Sell Short 500 T 26.74 Limit Day (2008-11-13) Filled 500@26.74 12:01:54 2008-11-13 12:01:52
4456888035 Buy To Cover 500 T 26.47 Limit Day (2008-11-13) Filled 500@26.4499 11:07:41 2008-11-13 11:07:38
4456853461 Sell Short 500 T 26.63 Limit Day (2008-11-13) Filled 500@26.63 11:02:48 2008-11-13 11:02:33
4456609730 Buy To Cover 500 T 26.68 Limit Day (2008-11-13) Filled 500@26.6699 10:30:00 2008-11-13 10:29:58
4456593835 Buy To Cover 500 T 26.70 Limit Day (2008-11-13) Filled 500@26.699 10:28:10 2008-11-13 10:28:07
4456522898 Sell Short 500 T 26.81 Limit Day (2008-11-13) Filled 500@26.8401 10:21:43 2008-11-13 10:21:39
4456509677 Sell Short 500 T 26.63 Limit Day (2008-11-13) Filled 500@26.63 10:20:38 2008-11-13 10:20:36
4455954816 Buy To Cover 400 T 26.51 Limit Day (2008-11-13) Filled 400@26.51 09:35:44 2008-11-13 09:35:36
4455907725 Sell Short 400 T 26.70 Limit Day (2008-11-13) Filled 400@26.7101 09:32:44 2008-11-13 09:32:43
4458022345 Sell Short 500 VZ 29.11 Limit Day (2008-11-13) Canceled 2008-11-13 13:32:46
4457276704 Buy To Cover 500 T 26.65 Limit Day (2008-11-13) Canceled 2008-11-13 12:08:56
4457172428 Sell Short 300 T 26.82 Limit Day (2008-11-13) Canceled 2008-11-13 11:51:19
The mass realization by huge funds that the fundamentals of the US economy are strong. The initial buying by these funds triggered a chain reaction of short covering.
Quote from Stok:
The market always does the opposite of what the majority thinks...Been doing that since the beginning
thats not always true, so what you've been saying since october last year is everyone is bullish and that's why we're going down? you are an idiot
this was a texbook rebound off lows.
The US economy is amazingly resiliant due to consumer spending, globalism, and flexible fed policy. betting against it is financial suicide even if short term profits are realized.
The US economy is amazingly resiliant due to consumer spending, globalism, and flexible fed policy. betting against it is financial suicide even if short term profits are realized.
I was going to post about GNP the other day, because I thought we might be getting into a market like we used to have with real sharp selloffs and strong reverals.
Anywho, it might be time to resurect that old thread. As I recall, I think Praetorian perfected that pattern in the last bear market.
PS. About damn time!
Anywho, it might be time to resurect that old thread. As I recall, I think Praetorian perfected that pattern in the last bear market.
PS. About damn time!
3-1 marging shorts are getting slaughtered
they can't cover quick enough
they can't cover quick enough
That's a descending triangle, my friend.
technicals dont work on indexes