Back to www.cobrasmarketview.com |
Al_Dente wrote:THE BIG FIVE tech, four days
Top panel percentages
Bottom panel straight overlay
We know from previous posts that the Hedge Funds were picking individual winners (recall 2401 HFs owned APPL, etc),
but I think Friday’s action told us (lower panel, overlay) that they were selling the “Big Five” as a group, NOT separately.
Note the near IDENTICAL moves in the Five, meaning those sells were all aggregated in one (and more) orders
(except MSFT, gray, which is only slightly askew; it must have been on separate tickets).
Something happened Friday between 11:00 and 12:00ET that triggered all those aggregate sell-stops for the algos and HFs and traders etc.
What was that trigger?
Could you please post your answer(s) HERE or on Cobra’s board tomorrow. Thanks in advance.
Al_Dente wrote:THE BIG FIVE tech, four days
Top panel percentages
Bottom panel straight overlay
We know from previous posts that the Hedge Funds were picking individual winners (recall 2401 HFs owned APPL, etc),
but I think Friday’s action told us (lower panel, overlay) that they were selling the “Big Five” as a group, NOT separately.
Note the near IDENTICAL moves in the Five, meaning those sells were all aggregated in one (and more) orders
(except MSFT, gray, which is only slightly askew; it must have been on separate tickets).
Something happened Friday between 11:00 and 12:00ET that triggered all those aggregate sell-stops for the algos and HFs and traders etc.
What was that trigger?
Could you please post your answer(s) HERE or on Cobra’s board tomorrow. Thanks in advance.