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08-23-2017, 11:48 AM
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#406
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tmrpots
Join Date: Jun 2008
Posts: 2,285
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Handles and Cars are both terms for points.
I was looking for a nice follow through pop today after yesterday's reversal. Nothing major, maybe 2-10 cars on the ES, and 5-25 handles on the NQ.
When that didn't happen I was puzzled. Not only were we not up but at one point the ES was down 11.50.
That didn't really make sense to me that we would be down so much. But the interesting thing was volatility. XIV was down 4 points. It was up 6 yesterday. (VXX had a 4 for 1 reverse split today.) That just seemed like way too much. It was. (It's down 1.18 as I write this.)
But then I got to thinking—Trump must have said something. What else could it be? So I did a little digging and sure enough the petulant child said that if he doesn't get his wall then he's going to shut down the government!
Absolutely amazing. I mean it's just friggin amazing!
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08-23-2017, 11:53 AM
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#407
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,835
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Quote:
Originally Posted by barn32
Handles and Cars are both terms for points.
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Yeah, cars! Forgot about that one...that's another one! LOL
I was first exposed to all this on the elite trader forum site...
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08-23-2017, 12:15 PM
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#408
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Veteran
Join Date: May 2016
Posts: 1,831
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Not sure what you're seeing for lowest volume of 5 years s&pStocks? Source?
Not even close to that in the ES futures which is what I look at.
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08-23-2017, 12:16 PM
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#409
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Veteran
Join Date: May 2016
Posts: 1,831
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Quote:
Originally Posted by PaceAdvantage
Yeah, cars! Forgot about that one...that's another one! LOL
I was first exposed to all this on the elite trader forum site...
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all terms used to confuse the newbies so they wont come in and make all that easy money .
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08-23-2017, 03:12 PM
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#411
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Veteran
Join Date: May 2016
Posts: 1,831
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Quote:
Originally Posted by ReplayRandall
Guess nobody wants to mention what the volume total for the S&P 500 was today.....For a full trading day, it was the lowest in over 5 years at 1,588,713,899......But I'm sure everyone noticed that, right??..
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Think you got bad data
2,777,490,000
Aug 22, 20172,433.752,454.772,433.672,452.512,452.51 2,777,490,000
Last edited by AltonKelsey; 08-23-2017 at 03:13 PM.
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08-23-2017, 03:25 PM
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#412
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by AltonKelsey
Think you got bad data
2,777,490,000
Aug 22, 20172,433.752,454.772,433.672,452.512,452.51 2,777,490,000
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When I posted last night at 1:30 AM, that figure was there from the close of the market, which settled at 4:15 PM, until when I posted. If they revised the figure in the 7 hours before the market opened, I'd have no idea why they waited so long to change the volume fig......Do you think I just posted some figure out of the clear blue?
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08-23-2017, 03:32 PM
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#413
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by AltonKelsey
Think you got bad data
2,777,490,000
Aug 22, 20172,433.752,454.772,433.672,452.512,452.51 2,777,490,000
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What volume fig do you see for the S&P market with 30 min. til close today?
I'm seeing Volume- 1,129,761,153
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08-23-2017, 03:56 PM
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#414
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Veteran
Join Date: May 2016
Posts: 1,831
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I dont track that figure so I have no idea how its updated.
All I know is, the ES volume was pretty normal yest and that usually means stock volume is too.
How could it be a 5 year low, out of the blue? Sanity check.
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08-23-2017, 04:01 PM
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#415
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by AltonKelsey
I dont track that figure so I have no idea how its updated.
All I know is, the ES volume was pretty normal yest and that usually means stock volume is too.
How could it be a 5 year low, out of the blue? Sanity check.
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This market is indeed overpriced.....INsanity check. BTW, are you buddies with Whodo?
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08-23-2017, 04:03 PM
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#416
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Veteran
Join Date: May 2016
Posts: 1,831
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Quote:
Originally Posted by ReplayRandall
This market is indeed overpriced.....INsanity check. BTW, are you buddies with Whodo?
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We're talking about VOLUME and now you bring up PRICE ?
I think we're in trouble here.
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08-23-2017, 04:07 PM
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#417
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by AltonKelsey
We're talking about VOLUME and now you bring up PRICE ?
I think we're in trouble here.
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And you see no correlation between the two?.. We're done.
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08-23-2017, 05:42 PM
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#418
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,829
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all you really have to do to win betting on equities is tag Fidelity, Wellington Capital, and State Street. if all 3 are buyers you want to be there with them, if they are sellers you want to short.
example on the June 30 filings, all 3 of those company's sold American Airlines almost at the top, since then the stock is down about 20%.
all 3 of those have to be going the same way otherwise its a no play. i happened to have looked at Delta Airlines and saw Fidelity was a seller while Wellington is a buyer? that means stay away from either side of the trade.
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08-23-2017, 07:16 PM
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#419
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Registered User
Join Date: Mar 2001
Posts: 403
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How
Do you find out when they're buying or selling and what they're buying or selling
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08-23-2017, 07:31 PM
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#420
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Registered User
Join Date: Jan 2007
Posts: 1,133
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Quote:
Originally Posted by PaceAdvantage
I've stopped posting trades, not because I haven't had any (I've had a LOT in August, and I am currently down less than half my usual risk per trade for the month)....but because it's obviously nothing more than me looking for an ego stroke when I get it right....in other words, it's pointless...lol
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Hi Boss,
I liked following your trades. I also know what you mean about pointless and an ego trip.
However, I think that there are many on this board that trade and a contest could be fun, bring hits to your site, and possibly some of the participants could share some insights.
The contest could be weekly for the greatest action. No prizes!
For me, I would like a weekly options contest with a funny-money bankroll of $10,000.
Others could add: ES only, Gold only, Stocks only or whatever. Bring your own ideas.
Anyone interested?
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