45+ point pop on YM

Discussion in 'Index Futures' started by monkey, Aug 26, 2003.

  1. monkey


    I just caught a nice 45 point move on the YM.... I bought the breakout from the straight line this afternoon.

    Any news behind this?
  2. nitro


    The rumor is Merryl a big buyer.

  3. Tea


    I heard that Monkey put a squeeze on the shorts
  4. 14:34 ET Market bounce attributed to talk of short-covering going into holiday weekend : Worth noting that over the past six years, the week going into Labor Day has been negative for the markets (an avg of 4.3% down for the S&P 500). However, historically, September has typically started very strong (before slumping later in the month). This pattern may be leading some shorts to cover positions going into the Labor Day weekend.
  5. monkey


    They got scared when I got long three contracts.
  6. damir00

    damir00 Guest

    all i'm seeing is the dead-greenspan recirculation.

  7. vega


    No specific new news, but it seems to me that as INTC came off its lows, it brought everything else with it-------or was it everything else bringing INTC off its lows ? Damn, this trading stuff is hard:p

  8. Tea


    o.k. monkey, you can let go now.

    I think the shorts have passed out from the pressure.

  9. Double Bottom bounce at a major fibo level.
  10. Get short right now. Doji at major fibo resistance

    Forgot to put the smiley face on this post.:p
    #10     Aug 26, 2003