Yes, thank you, that's what I was asking. (I must have missed it before, although I remember someone else - I think - mentioning the purple circle)
took another long for +9ish Very good day. Most welcome after I took a nice hit on that sell day last week Back to work tomorrow then off for a bit over Christmas. Happy Christmas all. Will see you all end of year/early next year
I don't have any insider info. There's nothing I can quantify, but just look at the velocity of the drop and then the immediate spike. This is nothing new. been going on for 2 years now and it just gets stronger and stronger. There's just this constant force that will counter any sharp drop. This is the norm and days like last Wednesday or even or August 1st are outliers. I know this doesn't really answer your question. It's more of an observation from watching the tape for many years. Tomorrow is a half day and then it's Christmas, so before you know it will be Thursday. I'm amazed put options are this expensive this week. If you buy any puts they will even further get crushed. So basically you have a 2 day week left (Thursday and Friday) at this point. There's a real good chance we will complete the V from last week.
I received my year end bonus from the day job today. What's it mean when you look at your bonus figure and you immediately start calculating how much it is in ES points?