HAHA. who just saw that spike? What the hell was that spike all about? Wait until there is no liquidity and buy 5 shares???? That's kinda how Algos/HFT work......wait for low volume and one big buy takes out all the stops and then sell to suckers...... I cannot state that this is 100% correct, but ...
Guys, time to vote again. Judging by today's action, do you think the top was in? Or it's just a bear trap? A little background. According to Stock Trader's Almanac, Jan OE Week (i.e. the next week) was horrible, Dow down big 9 of 13. I just bought 13 ITM puts in honor of that and the day. Have a g...
="dcurban1That is the frustrating part for the shorts who are needed for effective capital markets. Of course the more you push it higher the larger the eventual fall. I had a long discussion with a friend of mine who is 20 years younger and teaches Econimics with a PhD from a top school. He h...
PS: I too like Hemingway. Here’s the encouragement/support he got from his mom, oy… I have never read Hemingway, but I'm working on a noel and have found I should be reading all the great novel writers. So I'm now listening to "A Farewell to Arms" and I need to contact Audible.com to see ...
First post here, but I've been reading Cobra for 2+ years. I have been running a program called HFTAlert that shows HFT and Algo participation. Having done quite well for many years using Elliott Wave with just RSI and MACD as a divergence tool, short-term EW is utterly broken. You can see it when t...