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market setting up for a horrible open next Tuesday. the headline about the weekend session was the worst possible thing for the market as it will suck all the shorts out before the weekend - as has clearly already started.StudentBill wrote:Around a 7% swing in XIV today. Lot of hope put into this weekend session.
EWZ, EEM, & ILF were trending higher more than an hour before the SPY spike.rc1269 wrote:yes, probably had nothing to do with the Boehner headline at the same timePetsamo wrote:We don't need to finish higher than this. We're gapping up anyway.
Some big boy saw my spreadsheet when he decided to press the big buy button that kick started Rudolph.
unfort don't think that has been very accurate in vol upswings in the past. in other words, there have been many times we've had similar "topping" stars on vix daily and it just kept on powering to the upside. just my two centsAl_Dente wrote:look at the $VIX daily candle
not yet closed, but BIG shooting star, still outside upper bolinger
that's precisely why they shouldMr. BachNut wrote:Shorts won't want to hold over the weekend...
No one will.......Mr. BachNut wrote:Shorts won't want to hold over the weekend...
is that a trick question? the answer is... 12. hah i assume you mean, "how many times has the market gone the opposite direction from how you thought the news would be interpreted?"?? well, plenty. but not nearly a fraction as many times as the market goes the same direction as the news would indicate.Petsamo wrote:EWZ, EEM, & ILF were trending higher more than an hour before the SPY spike.rc1269 wrote:yes, probably had nothing to do with the Boehner headline at the same timePetsamo wrote:We don't need to finish higher than this. We're gapping up anyway.
Some big boy saw my spreadsheet when he decided to press the big buy button that kick started Rudolph.
Also, how many times has the market gone the other way when good news or bad news came out ?
There's 6.5 more trading hours before the official start of the weekend.Mr. BachNut wrote:Shorts won't want to hold over the weekend...
You know what's on my spreadsheet ?rc1269 wrote:is that a trick question? the answer is... 12. hah i assume you mean, "how many times has the market gone the opposite direction from how you thought the news would be interpreted?"?? well, plenty. but not nearly a fraction as many times as the market goes the same direction as the news would indicate.Petsamo wrote:EWZ, EEM, & ILF were trending higher more than an hour before the SPY spike.rc1269 wrote:yes, probably had nothing to do with the Boehner headline at the same timePetsamo wrote:We don't need to finish higher than this. We're gapping up anyway.
Some big boy saw my spreadsheet when he decided to press the big buy button that kick started Rudolph.
Also, how many times has the market gone the other way when good news or bad news came out ?
all those funds were trending similarly to the SPY,NDX and most other domestic indices and funds one hour prior to the announcement. not tick for tick, but most made their lows around 12:30. sold back off a little to retest then got a nice headline to boost them back up and give a successfull retest of the low. not a mystery. and doubtful it was your spreadsheet either, i'm afraid.
well, i'm at one of those "big boy" shops you mention, so according to you, yes i doPetsamo wrote:You know what's on my spreadsheet ?rc1269 wrote:is that a trick question? the answer is... 12. hah i assume you mean, "how many times has the market gone the opposite direction from how you thought the news would be interpreted?"?? well, plenty. but not nearly a fraction as many times as the market goes the same direction as the news would indicate.Petsamo wrote:EWZ, EEM, & ILF were trending higher more than an hour before the SPY spike.rc1269 wrote:yes, probably had nothing to do with the Boehner headline at the same timePetsamo wrote:We don't need to finish higher than this. We're gapping up anyway.
Some big boy saw my spreadsheet when he decided to press the big buy button that kick started Rudolph.
Also, how many times has the market gone the other way when good news or bad news came out ?
all those funds were trending similarly to the SPY,NDX and most other domestic indices and funds one hour prior to the announcement. not tick for tick, but most made their lows around 12:30. sold back off a little to retest then got a nice headline to boost them back up and give a successfull retest of the low. not a mystery. and doubtful it was your spreadsheet either, i'm afraid.
I'm glad to be of service.
Wonderful. If I need to ask a big boy question, I'll remember to ask you. I just need to get by the trust issue whenever you give an opinion.rc1269 wrote:well, i'm at one of those "big boy" shops you mention, so according to you, yes i doPetsamo wrote:You know what's on my spreadsheet ?
I'm glad to be of service.