wtf was that at 4pm. huge high vol selling

Discussion in 'Index Futures' started by stock777, Jun 26, 2007.

  1. The market is breaking and on a bit of size
     
    #91     Jun 26, 2007
  2. It is true.
    My buy at 1597.50 has been hit.
    The bid is at 1597.25.
    I shall not buy any more.
    I cast my fate to the wind.
     
    #92     Jun 26, 2007
  3. Cy_M

    Cy_M

    sorry guys an 1800 sell block hit the tape and must have taken you out.
     
    #93     Jun 26, 2007
  4. all those japanese housewifes need to buy yen back... as global asset deflation, causes the loans to be called.
     
    #94     Jun 26, 2007
  5. All is not lost. The bid is up to 1597.75, quantity 1 (one). There are still some optimists out there.
     
    #95     Jun 26, 2007
  6. Cy_M

    Cy_M

    take profits on the 97.50 buys at 98 and repeat the same at 98.75 for purchases below that. You need to start reducing inventory rapidly, risk/reward is ver high to your disadvantage.
     
    #96     Jun 26, 2007
  7. I hear you. I am long 89 contracts now.
     
    #97     Jun 26, 2007
  8. maybe we should do what tony did, take some peyote...and trade.


    ......a basket of commodities took a dive today. Everything is pointing to global asset deflation.
     
    #98     Jun 26, 2007
  9. Woe is me.
    When will I learn?
    When the ES goes up/down, it is for a reason, even though I cannot guess what that reason may be.
     
    #99     Jun 26, 2007
  10. Cy_M

    Cy_M

    way too heavy, get in the FIFO already, the 99 bar chart is to your favor, mild resitance at 97.75 and ER2 3 Min looks mildly promising.
    Good luck
     
    #100     Jun 26, 2007