SP500 back to $3300 by end of month

Discussion in 'Trading' started by orbit23, Mar 14, 2020.

  1. I'm curious what this information gives you. Can you share an example? Never heard of this.
     
    #121     Mar 18, 2020
  2. iprph90

    iprph90


    EOM quarterly 325 SPY lottery tickets bid for (.03) pesos.
     
    #122     Mar 18, 2020
  3. FriskyCat

    FriskyCat

    strike?
     
    #123     Mar 18, 2020
  4. I will whip something together later. Hopefully, my dealer is stopping by and I will be mellow while doing it.

    General idea is that you can see people post orders as actual quotes and quantities traded broken by actual fills. As a result you can guess who got shafted, who cleaned up and maybe come up with causal relationships.

    In spooz it's hard to make heads and tails of TaQs unless you really zoom into a very small window. Of course smaller players like myself would not have the infra to trade the book in ES anyway, that's Jump and HRT territory. However, in something less liquid and speedy you can see stuff like "oh, look some guy posted 500 at the offer and instantly the bid faded, he chased and got f*cked (also instantly)". You see these patterns enough times and can actually use them as either source of alpha or an adversity model.
     
    #124     Mar 18, 2020
    nooby_mcnoob likes this.
  5. hhiusa

    hhiusa

    A legend in your mind. Right because hedge fund managers waste talking on a blue peter forum. :rolleyes:
     
    #125     Mar 18, 2020
  6. Since you are being a douche and have nothing of substance to add, welcome to my ignore list.
     
    #126     Mar 18, 2020
  7. Sig

    Sig

    Congratulations, you just shit on one of the half dozen people on this forum who are professionals who actually trade for a living and know wtf they're talking about.

    I have to agree with the douche assessment. Double douche actually because people like you make the people who do add value less likely to stick around and contribute. What's your problem anyway?
     
    #127     Mar 18, 2020
  8. Overnight

    Overnight

    I think it is safe to say SP will not be gaining 900 points by March 31st. If anything, it is looking to lose a few hundred more, and prolly be at around 1700-1800 by end of April. That's a nice comfortable 50 percent drop, yes?
     
    #128     Mar 18, 2020
  9. volente_00

    volente_00

    I wouldn’t rule out 2827 touch
     
    #129     Mar 18, 2020
  10. Who cares where the spoo goes eventually? Trade the intraday swings. Boom and done.
     
    #130     Mar 19, 2020