What a rush after hrs. I short for weeks at a time and am not a short term trader. That felt good. So many people wanted to short a pop or were stacked long waiting fora cliff deal it was inevitable this would happen. Now short anybig pop with a deal
and when algos shut down, the liquidity comes to a screeching halt. yes, computerized trading is so good for mkt structure. i wonder how many futures contracts ben and his boys bought on the way down.
absolutely agree. january will not be pretty. i hate to throw this out there but maybe monday is big squeeze from what might appear to be a revelation from sunday night meeting. month end money flow combined with 401k money flow Jan 2nd, maybe a few more days past that from rah rah out of washington. then reality once again sets in and that will possibly be all she wrote. oh, and not to mention feds need to trade their way out of all the futures they bought today