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Old 02-04-2018, 10:24 PM   #16
jocko699
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I fear tomorrow will be another big downward slide
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Old 02-05-2018, 01:11 PM   #17
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I haven't had a trade in a week...how does my automated trading strategy seem to miss the juiciest moves? I know the answer to this question...and I'm not complaining since it's been profitable for years now...but I'd love to catch just one of these moves the last few trading days...

The answer is...for the curious...opening gaps tend to negate any chance of a trade for me, for the most part...that's why...and strong down-trending markets tend to have opening gaps...

Last edited by PaceAdvantage; 02-05-2018 at 01:12 PM.
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Old 02-05-2018, 02:40 PM   #18
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Brutal, unrelenting drop these past few days...who saw this coming?

Even I'm starting to believe a little while watching today's action...

Too bad I've been sitting on my hands in cash since last Monday....
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Old 02-05-2018, 02:53 PM   #19
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Should be a pretty big volume day today, judging by the futures action....

Down 600+ points on the DOW again...been trading for almost 20 years now, and seems so long since we've seen days like these...
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Old 02-05-2018, 03:07 PM   #20
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1,000 point drop on the DOW today? Lookin more and more like it...
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Old 02-05-2018, 03:09 PM   #21
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Holy shit...there is NOBODY on the bid/ask in the S&P futures at the moment...well, virtually nobody
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Old 02-05-2018, 03:09 PM   #22
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Buyers coming back after it dropped almost 300 points in the last 5 minutes....WOW
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Old 02-05-2018, 03:10 PM   #23
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Now they're gone again....this thing is going NUTS
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Old 02-05-2018, 03:12 PM   #24
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This is like the old days baby....god damn I wish I was in this...
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Old 02-05-2018, 03:13 PM   #25
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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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Old 02-05-2018, 03:19 PM   #26
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Quote:
Originally Posted by PaceAdvantage View Post
Holy shit...there is NOBODY on the bid/ask in the S&P futures at the moment...well, virtually nobody
Pure speculation, but I believe there was a large incorrect trade placed on the TLT around the time of your comment here -- it freaked people out. Please see one-minute chart of TLT.
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Old 02-05-2018, 03:51 PM   #27
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VIX at 30+ right now....WOW

Haven't seen a VIX this high since I don't know when...wasn't even this high when the market had that mini-attack back in August '15
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Old 02-05-2018, 03:52 PM   #28
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Heading back down and sensing a close at the low? What will that do to the open tomorrow...holy smokerinos....
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Old 02-05-2018, 04:04 PM   #29
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Originally Posted by jocko699 View Post
I fear tomorrow will be another big downward slide
Even worse than I thought.
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Old 02-05-2018, 04:06 PM   #30
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Heading back down and sensing a close at the low? What will that do to the open tomorrow...holy smokerinos....
Closed near the low...and futures went down another 20 points (or close to 200 DOW points) after the close...tomorrow should be pretty interesting as well...

Still 8 minutes of after-the-bell trading to go on the futures before they close for a break
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