wtf was that at 4pm. huge high vol selling

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

  1. Hang in there, 2006. The greatest rewards go to those willing to take the greatest risk.
     
    #41     Jun 26, 2007
  2. 2006

    2006

    I never said I lost money. I was just saying it was nasty.

    Actually I'm a litle upset I closed my shorts.
     
    #42     Jun 26, 2007
  3. LOL. Now I've got 73 contracts!

    OK. Now down about 7K after a 10K gain in rth. Still looking good.
     
    #43     Jun 26, 2007
  4. notouch

    notouch

    What's all the excitement? The final 15 minutes volume was about the same today as it has been for past 2 days. Nothing unusual at all. Read nothing into it.
     
    #44     Jun 26, 2007
  5. Am thinking that if I disgrace myself -- if it falls below 1497.50 -- I may need a new ET nom de plume. But why should I care? What matters what others think?

    Anyway, big w00t! someone just paid 1498.25!
     
    #45     Jun 26, 2007
  6. 2006

    2006

    Well I'm looking to get long around 95-96 for a mini pop back above 1500.

    I think a few ppl will shit their pants when/if it goes below 97.
     
    #46     Jun 26, 2007
  7. frugi

    frugi

    Possible geometric target around 1496-7?
     
    #47     Jun 26, 2007
  8. Yeah, I think it -- the SPX -- will try 1500.00 one more time. If not that, then about 1497.50. After that, it may be LOOK OUT BELOW!

    I am actually a natural bear, but also a contrarian.
     
    #48     Jun 26, 2007
  9. Cy_M

    Cy_M

    The Delta represents the $ Value of the Equity that was Hedged........whichin turn can be used as a proxy to depth of concern. In fact compared to the overall size it's still no biggy.
    That's how it can be utilized and not insinuating the market might go to Zero :eek:
     
    #49     Jun 26, 2007
  10. Another way to look at this is that big capital sold futures to hedge a buy in the index. Think about it!
     
    #50     Jun 26, 2007