100-point S&P swing in less than 24 hours - Anyone shorting SPZ8

Discussion in 'Index Futures' started by Jahajee, Sep 18, 2008.

  1. Jahajee

    Jahajee

    Eminently shortable.
     
    #1     Sep 18, 2008
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  2. Kap

    Kap

    indeed the good ones seem the daftest at the time afterall !
     
    #2     Sep 18, 2008
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  3. NQscalper

    NQscalper

    At this point, I wouldnt buy or short anything. Just way too much nonsense going on right now.
     
    #3     Sep 18, 2008
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  4. Jahajee

    Jahajee

    From extreme bearishness to extreme bullishness - madness compounded by options expiration.
     
    #4     Sep 18, 2008
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  5. Div_Arb

    Div_Arb

    Amen to that, Der Komisar.

     
    #5     Sep 18, 2008
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  6. PocketChange

    PocketChange

    Never seen a ES Fingerprint like the past 48 hours...

    Attached are for 9-17 amd 9-18 session through 10:pm CST


    Single Contract value of $650 from open of 1216.50 to 1230 current market.

    101 Strikes movement (20 tick directional movements) $25,250 of trading opportunities.

    575 2-point swings (8 tick directional movements) $57,500 of trading opportunities.

    More than 5 times the norm...
     
    #6     Sep 18, 2008
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