Quote:
Originally Posted by PaceAdvantage
BTW, all those debating me that they don't have BOTS that drive the market crazy like they do in horse racing, take a look at today...
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The bid/ask stack was ridiculous for a while. I hadn't logged in since early morning, saw the late PM dump and decided to ride a bounce - not knowing how thin it really was. D'oh! Got in and out of a couple trades for a quick dime, and then watched the plunge continue. Should not have gone into the pool. So much for the machines providing "liquidity". I guess only when they want it.
The only other day I've seen like this since 2008 was when Brexit passed, and ThinkorSwim jammed up tight.
S&P futures plunged to 2595.75 coming out of lock up, and now are around 2620 when trading resumes in 20 mins, which is right around the little dip from early December. Not sure where it will be tomorrow morning, but I suspect we'll see an overnight bounce up. Will take some gonads to be long in the morning....
