Midnight rally

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

  1. well that was a boring night --- come on you MRC you can do better then that. i only had one short re-entry from 80.50 get filled at 79.50 --- that was a flat night.
     
    #471     Oct 14, 2005
  2. For such a down week haven't the futures been up every am prior to the open.

    Futures up overnight but now they are up even more. Looks like more good news.
     
    #472     Oct 14, 2005
  3. yes we had the 08:30 CPI report give a shot at a pop that would hold, but then after the open she filled the gap --- textbook style!

    after that it was time to call it an early weekend! :)
     
    #473     Oct 15, 2005
  4. Pekelo

    Pekelo

    Last 2 nights the MR didn't work. The markets gaped down seriously by the morning. I have been following gaps, and I just don't see a signifficant advantage of being just long hoping for a gap up. Gap downs (specially in earnings season) occur just as often.

    I am curious, anybody made a statistic on the gap ups vs. the gaps down? Or is it like going long before midnight and holding it only for a few hours???

    Anyway, this thread is curiously quiet when gap downs occur... :)
     
    #474     Oct 20, 2005
  5. Quah

    Quah

    Of course it worked - even with the gaps down. You just have to hold it a little longer than normal. :)

    Risk free, remember?
     
    #475     Oct 20, 2005
  6. Thank You ---- "Fade The Midnight Rally" game !!!!

    HHHHHHHOOOOOOOOOUUUUUUUUUAAAAAAAAAHHHHHH!!!!


    now flat at 1187.00 with my fade the rally play ---- that is a day - done !!!!
     
    #476     Oct 20, 2005
  7. How did they get the futures so high with all the European markets down:confused:
     
    #477     Oct 21, 2005
  8. You guys are so funny and clueless at the same time.
     
    #478     Oct 21, 2005

  9. Googlie and oil pullback hopes for a $60 a barrel hard break.



    Thanks again market for the "Fade The Midnight Rally" play!!!

    Wow that run-down to the es 1180.50 level just prior to the open was perfect! :)
     
    #479     Oct 21, 2005
  10. volente_00

    volente_00

    hey harry





    hey sally




















    Get your tickets ready for the midnight rally.
     
    #480     Oct 27, 2005