Quant guys made a fortune? Went with Wells Fargo and JPM earnings and went at it, buying up all financials before the junk financial earnings. Should I have seen this coming or am I reading too much into it? Meaning am I way too paranoid? heh.:eek:
Eh I think I'm prolly overthinking something. But I really feel like I missed a very easy trade. Very oversold in financials any good news would shoot it higher. Then two studs report, one day after each other. I heard about someone grabbing thousands of calls on financials, I feel like I should have put this togethter and made that trade. Dont get me wrong, I am very bearish. Im looking to short these now, especially some regionals. I'm just kicking myself. When I heard the heavy buying, I should have stopped and thought about it, Maybe I would have seen the good news coming to an oversold market.
You may be suffering from a mild case of hindsight bias. You don't have to buy at the "bottom tick" to make money.