SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: $Mogul who wrote (73923)11/9/2006 12:41:49 PM
From: dipanjanc   of 110194
 
10 ES points daily is not 10 Std. deviations

Daily it is not, but most of the intra-day index gains take place over a very short-time period - 15-30 minutes and that I think is unusual. During most of the day indexes trade within a very narrow range except those sharp bursts particularly around 7-7:30 am and 11-11:30 am. These can be clearly seen on days where there is bad macro news, indexes start to go down and all of a sudden very sharp V bottom and reversals. It may not be manipulation per se, it could be 'free market' program trading by a very large player or multiple big players sharing same algorithm, but the action is really weird.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext