Straight up 70 points in 12 minutes

Discussion in 'Index Futures' started by myminitrading, Dec 14, 2006.

  1. Amazing dumb shorts, stop shorting you idiots
     
  2. No retracement parabolic move straight up. No news this could be a blow off today lets see.
     
  3. This is all expiry related...
     
  4. volente_00

    volente_00

    Yes, has to do with put interest in spy.
     
  5. See attachment.
     
  6. I wish I would have seen that article yesterday when I saw the qqqq testing the lower trend channell, it would have been a high probability long trade. Do they publish an article like that every month?
     
  7. probably
     
  8. Its a squeeze. Its been a squeeze for 3 months. Most of my shorts in indviduals equities didnt respond. AMR, NEW, PHM