Strong bounce today

Discussion in 'Trading' started by Bogan7, Aug 15, 2007.

  1. Today feels like we are skating on thin ice....ice is ready to crack open any minute...12,900, 12,800.....
     
    #31     Aug 15, 2007
  2. By the way, looking back on that chart, the OE vol tot had a smoothing filter applied, which is why the curve looks so gaussian.
    I added back in the raw bar data including volume spikes. Most notable spike is at 145; this would probably serve to skew the smoothed distribution down a bit, although I haven't done an actual statistical distribution on the data ( envelope shape is based on moving avg smoothing, not gaussian).

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    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1568857" border="0" alt=""><br /></font></p></font></p></font></p>

    My guess is max pain is somewhere near the 145 spike. Anyone have the number handy?
     
    #32     Aug 15, 2007
  3. Dont you 'know' anything trailer boy?
     
    #33     Aug 15, 2007
  4. Oh hello, are you still addicted to pornography?
     
    #34     Aug 15, 2007

  5. Hhahhaahahahahahaahhaaha. Ahhh....hahhaahahahhaaahahaaha...hehehhehehehe...whew.... ahhhhhhh..hahhahaahahahaahaahaaha--youre killinme ahhh hahhahahahahahaha--made another 28 points on the ES!! ahhahahhaahahahaah this is just too easy!!!!
     
    #35     Aug 15, 2007
  6. nice bounce indeed......for the shortys to sell em down..:p :p
     
    #36     Aug 15, 2007
  7. Cruzan

    Cruzan

    Wonder how they did.
     
    #37     Aug 15, 2007
  8. Explain that remark properly , billy bob sue!
     
    #38     Aug 16, 2007
  9. Are you still looking for investors for your trading fund o great one?
     
    #39     Aug 16, 2007
  10. First we had the topping threads, now we have the bounce and bottom calling threads :p
     
    #40     Aug 16, 2007