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ES crazy rodeo


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#1 Swiss Trader

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Posted 14 March 2008 - 02:00 PM

few minutes ago: 1275.5 to 1287.75 (+1%) in about 3 minutes then down to 1278 from 1287.5 in 5 minutes (-0.8%) .....standing aside :lol:

Edited by Swiss Trader, 14 March 2008 - 02:02 PM.

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#2 SemiBizz

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Posted 14 March 2008 - 02:02 PM

Yes, it got gappy and unstable, didn't it. Remember that price range because what you just saw is going to come back to haunt us...
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#3 SemiBizz

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Posted 14 March 2008 - 02:07 PM

all you have to do here is watch Bear,Stearns...
Posted Image

This is one Bear the Rodeo Clowns couldn't save today.... Talk about gutted !
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#4 atlasshrugged

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Posted 14 March 2008 - 02:08 PM

all you have to do here is watch Bear,Stearns...
Posted Image

This is one Bear the Rodeo Clowns couldn't save today.... Talk about gutted !

lol

#5 rkd80

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Posted 14 March 2008 - 02:11 PM

Absolutely true Semi. I see it especially prevalent on stocks - once they start gapping, the gaps become vacuum zones on daily charts. Usually these zones are subject to another gap which make the price range even more unstable. I recall observing this years ago and never thought it would affect futures - but it does.
“be right and sit tight”

#6 Cirrus

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Posted 14 March 2008 - 02:15 PM

Breadth 6-1 negative so the elephants are on the sell side. Market sensitive to short covering as you never know what BS news will be shoveled out Monday AM for a gap.

#7 Swiss Trader

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Posted 14 March 2008 - 02:19 PM

My 22-inch monitor is useless for the Minidow DOM

Instead of clicking on bid ask columns, you have to click more on "center"

I need to buy a 42 inch-monitor :lol:

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Edited by Swiss Trader, 14 March 2008 - 02:25 PM.

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#8 Swiss Trader

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Posted 14 March 2008 - 03:02 PM

ES 30 Second chart

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