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.
Non-Tech : Interactive Brokers / Timberhill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Watkins who wrote (2470)1/18/2002 12:52:01 PM
From: rocklobster  Read Replies (1) of 9012
 
Cheers, Michael..

and I hope you guys were able to make some money on that spike...I hope you had some sell stops and were able to capitalize on that move.. although personally I think it was just coincidence that it happened at the HOD...there was nothing logical or reasonable about what happened.. somewhere something went wrong..

Another point that was brought up was that the big boyz have arbitrage programs that monitor this stuff by the second and execute orders instantaneously..you know that they sold the hell out of that spike instantly knowing that the index wasn't moving, their computers follow all this...so it's likely some of the computer arbitrage programs were able to take advantage of the anomoly for a profit...

and since, in my opinion, the entire market is rigged for and by the big boyz, it's no wonder they won't bust the trades on the nq's...it's the small fries who got burned. they protected the big boyz on the ndx contracts, and let the small fries die..

some system

or course like everybody says, knowing that the system is rigged, we merely need to learn to take advantage of this.. Unfortunately the learning curve is invariably an expensive one..

glad you guys made out on that trade..

rok
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext