Black Monday - December 31, 2012

Discussion in 'Trading' started by bond_trad3r, Dec 30, 2012.

  1. Tsing Tao

    Tsing Tao

    I think this "black monday" thread was probably the worst ever, considering the percentage gain. To take "worst call" on ET in any time frame takes skill.
     
    #71     Dec 31, 2012
  2. bonds

    bonds

    It is confirmed there is going to be no deal by the deadline and the futures just keep gapping up after hours

    so much for the big bad fiscal cliff

    what a joke lol

    as long as we're "close" to a dealt the market will keep going up...

    market loves hope a lot more than it hates uncertainty
     
    #72     Dec 31, 2012
  3. michael scott, stock trad3r and bond trad3r lose again. blue suit, brown shoes.
     
    #73     Dec 31, 2012
  4. short covering/stops being hit?
     
    #74     Dec 31, 2012
  5. I don't know where you're getting quotes, but ES was at 24.00 when NYSE closed at 4pm and we're sitting there now.
     
    #75     Dec 31, 2012
  6. bonds

    bonds

    the ES doesnt appear to be trading now but the SPY closed at 142.41 and was trading at 142.88 a little while ago still trading well above where it closed and why not they are "close" to a deal
     
    #76     Dec 31, 2012
  7. bonds

    bonds

    I think its more like euphoric buying everyone wants to be long when they ink a deal
     
    #77     Dec 31, 2012
  8. You're going to be right no matter what? SPY was marked to 142.64 at NYSE close and is 142.56 offered. Yes, ES was closed when it was "gapping up". Spy was at 55 and futures weren't trading when you posted the futures were "gapping up".

    Not a big deal, but the color is pointless if it's wrong.
     
    #78     Dec 31, 2012
  9. 89 to 8 on the vote this morning in the Senate.
    I'd thank you for the best day I had all year yesterday but I didn't see this thread before.
    The House may reject it, and the market may go down on that, but assuming you actually played it as you wrote it here you wouldn't have any money to play that move, wouldja?
     
    #79     Jan 1, 2013
  10. hajimow

    hajimow

    Now the question is where we will go from here in two weeks. Up? down? flat? Lets say by Jan 18 option expiry day.
     
    #80     Jan 1, 2013