What just happened....

Discussion in 'Trading' started by ang_99, Nov 9, 2005.

  1. Lee Raymond
     
    #11     Nov 9, 2005
  2. Perhaps you could post a chart of that analysis.
     
    #12     Nov 9, 2005
  3. BSAM

    BSAM

    Anybody looked at BRCM? Wow.....What happened???
     
    #13     Nov 9, 2005
  4. Play the slide off the peak (60+ above the Open on the Dow).
     
    #14     Nov 9, 2005
  5. nassau

    nassau

    don't know either and can't find any news on it but noticed smh did a little rally that effected vclk,mrvl,brcm,rhat

    w
     
    #15     Nov 9, 2005
  6. nassau

    nassau

    I think it is as a result of the UK closing 11-1130 and most larger traders having completed their positions which leaves us and the market markers for liquidity.
    could explain why a few thousand shares can move the stock?

    w
     
    #16     Nov 9, 2005
  7. Trent

    Trent


    Sure.

    And before you ask, the channel was drawn early yesterday. This is er2 but similar (or actually clearer) story in NQ and ES.

    Note: I trade from smaller timeframes, these give bigger picture.

    Trent
     
    #17     Nov 9, 2005
  8. Looks like they are in the middle some kind of analyst meeting.. maybe they are typing buy buy buy in there blackbery's plus Cramer is recommending :p
     
    #18     Nov 9, 2005
  9. Trent

    Trent

    Damn first time trying an attachement here.

    New try.

    Trent
     
    #19     Nov 9, 2005
  10. Stops being hit during the lunch lull is the only reason for spikes like that IMO.

    But as a professional I need to lose that opinion, and just focus on what is happening and not try to figure it out. I feel better now.
     
    #20     Nov 9, 2005