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Strategies & Market Trends : P&S and STO Death Blow's

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To: ajtj99 who wrote (7386)9/18/2002 8:51:37 PM
From: mishedlo   of 30712
 
Aj many have been calling for an OE ramp but I did not see one.
I thought QQQ 23 max.
That said I did but MSFT calls today (not enough) when the ramp started. 50-100% gain in minutes and I cashed out (at 50% cause I am a chicken shit).

Something strange happened near the close.
I have indicators that I use for trading futures.
Been trying this for several months and still learning the ropes.

Towards End of Day, I was getting a screaming divergence of momentum vs price action. Not Seen such a huge divergence before.

Momentum indicator was falling thru the floor but 10,000 spoos contracts were unloaded multiple times.

I have no idea how they unload this shit like that, but just as soon as they did, the bottom fell out.

Tell me someone did not know the news that was coming out.

I shorted but covered way way way too early.

M
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