Opening Orders - 2008

Discussion in 'Journals' started by Don Bright, Jan 3, 2008.

  1. We were advised not to do the OPGs because of the up limit on the futures.

    However, I'm sure some of us didn't listen. According to the rumors going around here in the LV office, one guy is up 1.9 million.
     
    #1101     Sep 19, 2008
  2. had to be an overnite.........
     
    #1102     Sep 19, 2008
  3. Not really, could've just been short a lot on the open. Things came in points, even non-financials.
     
    #1103     Sep 19, 2008
  4. did u wake up late buddy???? they just banned shorts on all financials........my volume is drying up quicker than ethanol on burning flame.
     
    #1104     Sep 19, 2008
  5. When I saw the ES froze at 1268 I did not understand what was going on. I did not know the limit was cancelling at 9:30 on futures. There was 13000 on the bid and I thought that was a computer malfunction so I opted out doing opening (no real FV without the ES anyways).
    I'm, sure it would have been the best day ever for me. I freaked out.
    Up a million on OPG, WTF?
     
    #1105     Sep 19, 2008
  6. just checked rest of the mkt(been ages)...i guess it could've been made on $50M worth of shorting non-financials....lol

    crazy dude
     
    #1106     Sep 19, 2008
  7. I can't confirm that he held overnight, but you would've had a very good day had you shorted many stocks other than financials.

    I'm sure Lescor or Shreddog had record days if they played the openings this morning.
     
    #1107     Sep 19, 2008
  8. Echo had problems this morning.......they couldn't short i hear.......
     
    #1108     Sep 19, 2008
  9. Not a bad idea to be chill on extraordinary market conditions. This opening thing doesn't seem like it is for super home runs. Maybe for someone doing it for years I'm sure they could make that happen in these conditions.
     
    #1109     Sep 19, 2008
  10. I trade with Echo and wasn't able to send any short orders to day. I was up all night to prepare for this and someone at Echo/Merrill screws up. Would have been my second best day ever.
     
    #1110     Sep 19, 2008