I never saw volatility like this

Discussion in 'Trading' started by ByLoSellHi, Jan 23, 2008.

  1. You also have the whole Keath Ledger autopsy thing. Results were released at 3pm and deemed inconclusive. Sleeping pill pharmaceuticals led the rally...
     
    #21     Jan 23, 2008
  2. I enjoy the late afternoon and early Globex open. Almost like free money if you know how to do it.

    Maria
     
    #22     Jan 23, 2008
  3. DonKee

    DonKee

    I bought the last pull back to the PP at 1297. I just exited at 1343.
    The funny thing is, it felt like I have been in this for a long time, yet I just got in a little over an hour ago. This is insane. lol
     
    #23     Jan 23, 2008
  4. jd7419

    jd7419


    These markets are very volatile, but they still are not at the level during the late 90's-2002 time period. Back then there were stocks like sdli,brcm,pmcs that would have 30-70 point range evry day. I also agree with Austinp markets are harder to trade because of the algo bots.
     
    #24     Jan 23, 2008
  5. Austin, I agree the Vol is more chaotic now...

    It would be interesting to have a new thread trying to discern what the majority of bots are doing at their choatic turning points... A high number of eyes watching and posting might come up with some interesting observations...

    Its like a drunk monkey on meth...


    <img src="http://www.enflow.com/p.gif">
     
    #25     Jan 23, 2008
  6. Brokeback Market?
     
    #26     Jan 23, 2008
  7. "i would humbly disagree, VIX really only dropped in the 3pm hr"

    VIX is not a measure of volatility

    it's a measure of IMPLIED volatility.

    it does not measure volatility qua volatility. it measures "risk premium", iow a forward looking view at how option traders are assessing FUTURE volatility via the price of OEX options.

    for pete's sake.
     
    #27     Jan 23, 2008
  8. i had my most profitable day ever
     
    #28     Jan 23, 2008
  9. <i>"It would be interesting to have a new thread trying to discern what the majority of bots are doing at their choatic turning points... A high number of eyes watching and posting might come up with some interesting observations..."</i>

    I see a lot of program acceleration on breaks of 5-bar fractals. It looks to me like many of the programs are volatility breakouts based on x-number of bars backward in time as a core basis.

    That said, all 5-bar fractals (pivots) naturally include 3-bars and most are 10-bar patterns, etc. some of the filters may be volume based, time of day based, trend = momentum but the overall premise right now seems to be measured breakouts on programs.

    Many times these visible levels - trendlines break and it's an instant surge higher or lower respectively.
     
    #29     Jan 23, 2008
  10. I agree. Today was a mentally exhausting day in which I over-traded but still had a decent day. My head is splitting.
     
    #30     Jan 23, 2008