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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (6304)1/13/1999 5:07:00 PM
From: Dave Shares  Read Replies (1) | Respond to of 43080
 
I am not a big conspiracy theory kind of person, but I am still shaking my head about this morning.

Look at the short side profit from yesterday's open to today's open
Look at the long side profit from today's open to today's high

So a cartel of traders shorts yesterday's open, then holds the short position in a basket of various volatile stocks, then they drive the futures down to the max., they pay the guy off in Brazil to resign , and cover their shorts at the open and go long.

Um, I don't know how the story ends, but excuse me, I think I see a UFO outside, I think I'll go check it out.

David