13 replies to this topic

[flyers&divers]

At 6:24 PM ET Naz (NQH07) -2, Gold (GCJ07) unch In case you are sweating it. I have been only daytrading for quite some time. Regards, F&D

[jawndissedi]

Slowleee, slowleee, catcheee monkeee.

A skillful pro can probably distribute ten or twenty thousand ES contracts before the market opens tomorrow -- but obviously not all at once. You have to tease those bids onto your screen ever so carefully . . .

[newportsurf]

This is my first post after a few months lurking . I have enjoyed and respect all of the traders for spending the time... Thanks for such a killer site! My obbservation is the ES is down 6 points, and Bonds up 15 ticks. Looks like they ar breaking out... Volume is light though.... Any thoughts? Stop runing? Newport YM now down 43 points...........

Edited by newportsurf, 04 March 2007 - 07:24 PM.

[traderpaul]

At 6:24 PM ET

Naz (NQH07) -2,

Gold (GCJ07) unch


In case you are sweating it.

I have been only daytrading for quite some time.

Regards,

F&D

When was the last that the maket gapped up and stayed up.....Gapped down and stayed down?

[jawndissedi]

This is my first post after a few months lurking . I have enjoyed and respect all of the traders for spending the time... Thanks for such a killer site!

My obbservation is the ES is down 6 points, and Bonds up 15 ticks. Looks like they ar breaking out... Volume is light though.... Any thoughts? Stop runing?

Newport

YM now down 43 points...........

More likely front-running than stop-running. Niki's down > 300.

[selecto]

As we speak the spx and the dollar-yen are headed down. If you are using carried money, you have to be a tad scared sh*tless.

[ed rader]

... you have to be a tad scared sh*tless.

that's like being a little pregnant .

ed rader

[jawndissedi]

As we speak the spx and the dollar-yen are headed down. If you are using carried money, you have to be a tad scared sh*tless.

In that case, you just do what you gotta do. For those hedgehogs who borrowed in yen to buy the subprime crap their prime brokers have been securitizing, the choice is simple. Since there is no bid for subprime paper right now (and I mean no bid at all -- as in zippo, nada), and since every time the yen ticks up the loan you leveraged 6 or 8 or 20 to 1 gets more expensive to repay, you sell what you can sell. And guess what that is?

[selecto]

"Hedgehogs" Perfect description!

[Echo]

OK, now someone help me out. The dollar yen relationship took a similar dive in Dec 05 while the SPX consolidated. It also took a similar magnitude drop between Oct-Dec 2006 and the SPX rose.

http://www.futuresou.......;b=LINE&st=

Echo