Waiting for a news event or Bernanke speaking.
The brokers and the big boys acting together.
The big boys wanting to fill orders to the upside without showing their hand.
At 12:15est today when Bernanke opens his mouth, the brokers enact a bunch of sell orders, the market plummets, the retail trade get in on the short side and about 10 minutes into the game, the big boys start licking their chops as they pick off the retail trade. Pretty neat way of filling large orders.
Happens time and time again. Maybe with an 80% probability? Not complaining though?
regards
emtee
The brokers and the big boys acting together.
The big boys wanting to fill orders to the upside without showing their hand.
At 12:15est today when Bernanke opens his mouth, the brokers enact a bunch of sell orders, the market plummets, the retail trade get in on the short side and about 10 minutes into the game, the big boys start licking their chops as they pick off the retail trade. Pretty neat way of filling large orders.
Happens time and time again. Maybe with an 80% probability? Not complaining though?
regards
emtee