Any news? Market just spiked up a lot.

Discussion in 'Trading' started by ganesh6, Feb 20, 2008.

  1. ganesh6


    Any news? Market just spiked up a lot.

  2. I saw a buyer in ES with 2k+ stepping up and then walk away for a bar while price settled, then came back in and swept the book up a point and then bid the plus with 2k+, this was at 12:00.

    Buyer originally came in 11:55 though
  3. jheacock


    think maybe some info from the fed report was leaked early?
  4. surprise cut of 100bp???
  5. Bear protection team has been covering all morning.
  6. Its just fed minutes not an announcement.


  7. Word got out that i was long. Market shot up after that.
  8. More buyers then sellers its a supply and demand thing
  9. S2007S


    maybe people are finally buying because they noticed HPQ had some good earnings after the close last night.

    :p :p :p

    I think this rally fades before the 2pm minutes....

    who knows what happens after that, going to be one volatile trading day today.
  10. The people are not the ones that move the markets. Anyone who just noticed HPQ's earnings is not a market mover.
    #10     Feb 20, 2008