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S&P500 - Analysis and Trading

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Re: S&P 500

seasprite said:
Well picked Sam , I woke up early this morning to see red, red,red and more red ,,I bet on the nag and it came in last.
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Thanks sea :) low of 1071.50, close enough! But once again there was some buying down there again at 1075 at the end of the session. Monday will probably shoot back up again, lets see if we can break it next week :)
 
Re: S&P 500

ThingyMajiggy said:
Thanks sea :) low of 1071.50, close enough! But once again there was some buying down there again at 1075 at the end of the session. Monday will probably shoot back up again, lets see if we can break it next week :)
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Well, sam, of all the time to be right, this really was one i wished you weren't!

Im actually favouring a move lower now. But who knows volatility is so wild at the moment. The only thing that will save the spi monday will be internationl futures moving up before the open monday. So i hope your right again!

Here's hoping!
 
Re: S&P 500

lukeaye said:
Well, sam, of all the time to be right, this really was one i wished you weren't!

Im actually favouring a move lower now. But who knows volatility is so wild at the moment. The only thing that will save the spi monday will be internationl futures moving up before the open monday. So i hope your right again!

Here's hoping!
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Haha sorry! I was wishing I was wrong for your sake, you still long?? Hmm yeah it will be interesting come monday, the hourly ES shows buying at the end of the session, looking at the 4 hour though, maybe not so good, there could be a move up early in the session but volume will tell the story, we have also got the mushrooming over effect on the 4H.

Lets see! :)
 
Re: S&P 500

ThingyMajiggy said:
Haha sorry! I was wishing I was wrong for your sake, you still long?? Hmm yeah it will be interesting come monday, the hourly ES shows buying at the end of the session, looking at the 4 hour though, maybe not so good, there could be a move up early in the session but volume will tell the story, we have also got the mushrooming over effect on the 4H.

Lets see! :)
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Yeah well i cant close my stocks out now! O well.

I was going to open a short last night to hedge, but i thought when the futures moved 40 points up just before open, it probably wouldnt come back down. Guess again!
 
Re: S&P 500

Was it 1 hedge fund that pushed the market through the 1075 level in 5 minutes with 140 thousand contracts? ;)

Not that I know anything, but it may have been. ;);)
 
Re: S&P 500

MRC & Co said:
Was it 1 hedge fund that pushed the market through the 1075 level in 5 minutes with 140 thousand contracts? ;)

Not that I know anything, but it may have been. ;);)
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Thats certainly ballsy.. But hey, they're up a fair bit on those contracts!
 
Re: S&P 500

MRC & Co said:
Was it 1 hedge fund that pushed the market through the 1075 level in 5 minutes with 140 thousand contracts? ;)

Not that I know anything, but it may have been. ;);)
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That is good info to have tks MRC&Co.
140,000 contracts - mind boggling amount.
 
Re: S&P 500

Ladies, gentlemen ...

Just a reminder, though I am sure none of us will now ever forget:

9.42 AM (Eastern)

Enjoy!
 
Re: S&P 500

Just a bit of a kerfuffle here this time four weeks ago when the Chicago PMI was released - big move at 9.42 AM as subscribers to the service get the release 3 mins before the plebs (which would be us:p:). See posts 175 - 188.
 
Re: S&P 500

MRC & Co said:
No no, I don't know anything, all just speculation. ;)
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I have been meaning to post a big thank-you MRC&Co. Your speculation that there just may have been 140,000 contracts belted out around that 1070 level from a single player set up a bit of a no-brainer trade on Friday. Easy short-trade points on that first re-test of just below 1070.
 
Re: S&P 500

Yeh, only problem with shorts right now is you can't run them, always have to look for just a quick swing trade with the amount of liquidity still looking for a home.

Alot of major markets look right on the verge of either blowing their tops right now, or really coming off for a decent retracement. On that note, I saw Soros was talking of a 'double dip' into 2010-11 (but like always, his unsure of timing).

Fitch just talked again that the BOE could be downgraded and the US I believe if they don't clean up their fiscal position in the coming couple of years. News like this I would think could surely trigger a sell-off, once again looking at potential worry of further credit expansion if figures begin to dip off again once this stimulus has moved through the pipeline.
 
Re: S&P 500

MRC & Co said:
and the US I believe if they don't clean up their fiscal position in the coming couple of years.
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Ive been watching this for the past couple of months, US Debt not including future liabilities (i.e. the healthcare problem).

http://www.treasurydirect.gov/govt/charts/charts_debt.htm

Just wait for that green line to touch the orange line and it should make the news. Not hard to guess the market's reaction to that..
 
Re: S&P 500

the volumes are thin for the moves from the recent retracements........the rut is lagging severely and the fins (bkx xlf + eem) are well below the highs of the currrent bounce.......if breadth stays wide, or, those other indecies play catch-up on a percentage basis then we could be game on for fast bull run to round 1205 spx.......

http://www.cnbc.com/id/17689937 (futes view)
 

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