Hedge yourselves, looks like the boyz know who bought, and it wasn't them.
Did everyone and their brother go long at 200 MA?
Started by
dcengr
, May 20 2010 01:24 AM
3 replies to this topic
#1
dcengr
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Posted 20 May 2010 - 01:24 AM
Qui custodiet ipsos custodes?
#2
jjc
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Posted 20 May 2010 - 05:30 AM
Hedge yourselves, looks like the boyz know who bought, and it wasn't them.
DC,
Are you following the open interest in DXY? Parabolic move on the way?
jjc
#3
dcengr
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Posted 20 May 2010 - 07:50 AM
dont try this at home...
hedge off, adding long es 1088
Qui custodiet ipsos custodes?
#4
dasein
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Posted 20 May 2010 - 08:04 AM
Here we are at opex and we just hit the May 7 low. sorta argues that the "mistake" flash crash was just a little premature per the boyz, but was just what the doctor ordered.
often the week after opex is a contiuation, then reversal to the opex trend, so, will we retest the may 6 low next week, or do we get a bounce first?
bonds are into resistance zone and the euro is struggling to recover, so it looks like a bounce will be the likely bet, but the may 6 es low is only 30 points away, just one days work!
best,
klh
klh
