Midnight rally

Discussion in 'Trading' started by Rickshaw Man, Mar 24, 2005.

  1. Notice how EqtTrdr & Rickshaw are nowhere to be found on nights the Market retraces.
     
    #201     Aug 4, 2005

  2. market gaps down like yesterday when they need more shorts to fuel the rally..


    the juice market up into close so shorts get margin-called out at higher price. Then take the futs down into market open so shorts can add back their positions at a lower price then be used as rocket fuel for rally.....this way "they" don't have to use as much Fed repo money to juice the market....

    (see yesterday gap down as example)

    Fed OMO http://www.newyorkfed.org/markets/omo/dmm/temp.cfm
     
    #202     Aug 4, 2005
  3. they will be back as soon as the mkt rallies after todays dip.
     
    #203     Aug 4, 2005
  4. Sorry, I trade the Emini S&P. No gaps yesterday or today. Current target 1235.75.
     
    #204     Aug 4, 2005
  5. volente_00

    volente_00

    Long ym at 10616, time to put some short profit to work.
     
    #205     Aug 4, 2005
  6. volente_00

    volente_00

    Sold half a 621 for a quick scalp[.


    Stop set at 10611 on rest.
     
    #206     Aug 4, 2005
  7. Ok you know the drill, buy YM around 10590-10620. Sell in a couple of days near 10700.
     
    #207     Aug 4, 2005
  8. volente_00

    volente_00

    So r u in Rick ?
     
    #208     Aug 4, 2005
  9. volente_00

    volente_00

    Dumped the rest at 10627.
     
    #209     Aug 4, 2005
  10. im long a couple..
     
    #210     Aug 4, 2005