ES down hard last night..and then..

what the hell happened??
They find a car bomb and the market rallies??

 

Buy first...ask questions later...

 

Reference market action following the July 7th, 2005 London bombings.

MDT

 

I am now flat...Got out starting at 9:21.

 

Equities rise if interest rates fall. You can figure out the rest.

 

Yeah, but that was after an attack had actually taken place, not a foiled one..

 

Six of one...half dozen of another. These events, if outside the U.S. borders, are treated as "reaction" opportunities. Same could be said for the opposite events...ie: Bin Laden killed or captured. Would you BUY or SELL the reaction to this event?

MDT

 

ahh, i get it..it's called a headfake...Ya got me ES!!

 

Well, your theory sucks..
there is no correlation..

 

You may be right. It could be a wives' tale. However, in this situation, I surmised -- reluctantly because it is an unhappy thought -- that pricing algorithms boost equities according to the likelihood of a serious attack that leads to big rate cuts. Guesswork. You have another explanation?