ES down hard last night..and then..

Discussion in 'Trading' started by PohPoh, Jun 29, 2007.

  1. what the hell happened??
    They find a car bomb and the market rallies??
  2. Buy first...ask questions later...
  3. Reference market action following the July 7th, 2005 London bombings.

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


    Equities rise if interest rates fall. You can figure out the rest.
  6. Yeah, but that was after an attack had actually taken place, not a foiled one..
  7. 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 Bin Laden killed or captured. Would you BUY or SELL the reaction to this event?

  8. ahh, i get's called a headfake...Ya got me ES!!
  9. Well, your theory sucks..
    there is no correlation..
  10. Chood


    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?
    #10     Jun 29, 2007