What was that ES move about

Absolutely nothing on BB, I've scanned everything around 15:21 PM EST.

I'm going to guess fat finger, and/or someone short being liquidated.

 

orcl started going up on call, nq moved first looks like stops went all the way up to 2335. es followed after nq.

 

Chart shows 9000 bought in 1 second. Somebody from the ES thread??:eek:

 

Some panicked Asian probably who was short woke up and covered his position at market.

 

No, I'm looking at QR on ORCL. No volume/move in Oracle at all at 17:20:56, which is when NQ/ES both suddenly blew up.

 

Tomorrow will be a down day.

 

A warning to the bears...no small players allowed.

 

from zerohedge, though it sounds alot like horseshit.

"TODAY TWO LARGE MACRO FUNDS OVER HERE HAVE GONE WILDLY LONG S&P. NOT LONG. WE TALKING 250% NET LONG. IT LOOKS LIKE CONCERTED ACTION ON GDP DGRADES FROM GS AND BOFA ARE THE LETTER DELIVERED TO BEN ON QE3. HUGE DIRECTIONAL BET WITH NEW CAPITAL PUT AT WORK. MOST LIKELY THE TWO INSTITUTIONS ARE COORDINATING ACTION WITH OFFICES IN CONNECTICUT. CHECK INFLOWS OF BLUE CHIP HEDGE FUNDS IN JAN FEB. APPLY 2.5 LEVERAGE. WE ARE TALKING ABOUT SOME 40-60BN PUT AT WORK PRIMARILY ON EMINIS AT THE MOMENT. WHETHER SOME EXTERNAL FORCE WILL LEAVE THEM HIGH AND DRY I DON'T KNOW. BUT IF ANYTHING SEEMED TO BE AT LEAST NOT TOO IRRATIONAL UP TO NOW, IN THIS THIRD WAVE, BE READY FOR REAL ROCK AND ROLL. "

 

That durden character should be arrested.

 

Sounds reasonable to me, unless I were to believe these assholes don't communicate their potential actions to the primary recipients.