Discussion in 'Trading' started by larrybf, Mar 6, 2004.
8:30 ECONOMIC NEWS.... WHAT LEADS.....SP FUTURES...BONDS....CURRENCIES OR... WHAT ELSE????
is different ... there is no sure leader everytime
today ... in my eyes unless my screen's quotes froze
a possibility for sure
I thought I saw the Treasury futures start their move before
a few seconds ... maybe even 10 seconds or more before
the FX , Gold , Stock Indices reacted to the eco. #'s
yes ... today the treasuries were so far ahead it almost looked rigged!!!!!
How could they know?
people pitching that they always get the news out before
everyone else ... but this was really early .... almost like
a fat finger that got lucky
Officially everybody get the news at the same time although I read that big brokers had the news 1h before the mass public, I lost the article as it was a few years ago and it may have changed since.
Now nothing unsual according to my model: we have backwarded to the theorical bottom of 10524.7 (real low was 10524.89) which was due since it was unrealised potential the day before (see http://www.elitetrader.com/vb/showthread.php?s=&threadid=28197)
Are you SURE that big brokers get the news first??
I prefer not to say I am sure : as I said I lost the article, it was a US newspaper article if my memory doesn't fool me but it was such a long time ago I don't remember what newspaper it was. What I am sure that it was mentioned 1 hour before the rest of public. Now law has changed so that everybody receives the news at the same time - this would imply that it wasn't so in the past and in practice nothing can really prevent big brokers to have the news before everybody : a little spying would be worth the cost for them .
It is not the supposed hysterical crowd which by magic or some metaspsychic power would buy at this exact level, it is an INTERVENTION probably from CENTRAL BANK:
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