Overnight massacre

Discussion in 'Trading' started by Pekelo, Feb 5, 2018.

  1. IAS_LLC

    IAS_LLC

    IF.

    I'm too much of a coward to trade this thing... will second guess myself tomorrow, but...live to fight another day.
     
    #41     Feb 5, 2018
    comagnum likes this.
  2. any fund aggressively selling vol has to have shit the bed.

    remember they play with real money, not the paper stuff you guys fluff.
     
    #42     Feb 5, 2018
    spread'em likes this.
  3. maxinger

    maxinger

    huh?
    title should be changed from

    Overnight massacre

    to
    Overnight millionaire
     
    #43     Feb 5, 2018
    comagnum likes this.
  4. comagnum

    comagnum

    From 1952 to present - a crossing in Q1 of the December low has lead to an average 10.6% decline on average from the point where the Dec low is crossed.
    There are only2 times this did not happen.

    Looks like the rodeo is back in town.

    We are now below the Dec low.

    S&P500 Monthly bars.
    upload_2018-2-5_17-4-31.png
     
    Last edited: Feb 5, 2018
    #44     Feb 5, 2018
    Buy1Sell2, johnnyrock and Spectre2007 like this.
  5. I have reversed to an average position long 23290 on Dow. FWIW ;)

    My AI bot has a cluster of targets around 22000 and I was all nah, no way earlier today.. Asians on very strong coffee coming online in an hour.

    I need some.
     
    #45     Feb 5, 2018
  6. johnnyrock

    johnnyrock

    Its not like I have never played with real money!

    Unlike you I am not longing for the good old days of specialists on the floor.
     
    #46     Feb 5, 2018
  7. Buy1Sell2

    Buy1Sell2

    Singularly useless.
     
    #47     Feb 5, 2018
  8. i think so.probably ranging untill Europe
     
    #48     Feb 5, 2018
  9. I'll keep a weather eye on the 6J Yen until 1am Central Time.
     
    #49     Feb 5, 2018
  10. We expect nothing less from the locals
     
    #50     Feb 5, 2018