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Old 08-23-2017, 11:48 AM   #406
barn32
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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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Old 08-23-2017, 11:53 AM   #407
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Quote:
Originally Posted by barn32 View Post
Handles and Cars are both terms for points.
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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Old 08-23-2017, 12:15 PM   #408
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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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Old 08-23-2017, 12:16 PM   #409
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Originally Posted by PaceAdvantage View Post
Yeah, cars! Forgot about that one...that's another one! LOL

I was first exposed to all this on the elite trader forum site...
all terms used to confuse the newbies so they wont come in and make all that easy money .
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Old 08-23-2017, 03:10 PM   #410
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Investors looking elsewhere for safety from US markets?.....It appears so:

http://www.reuters.com/article/us-us...-idUSKCN1B323R
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Old 08-23-2017, 03:12 PM   #411
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Originally Posted by ReplayRandall View Post
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??..
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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Old 08-23-2017, 03:25 PM   #412
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Originally Posted by AltonKelsey View Post
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
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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Old 08-23-2017, 03:32 PM   #413
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Quote:
Originally Posted by AltonKelsey View Post
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
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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Old 08-23-2017, 03:56 PM   #414
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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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Old 08-23-2017, 04:01 PM   #415
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Quote:
Originally Posted by AltonKelsey View Post
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.
This market is indeed overpriced.....INsanity check. BTW, are you buddies with Whodo?
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Old 08-23-2017, 04:03 PM   #416
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Originally Posted by ReplayRandall View Post
This market is indeed overpriced.....INsanity check. BTW, are you buddies with Whodo?

We're talking about VOLUME and now you bring up PRICE ?

I think we're in trouble here.
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Old 08-23-2017, 04:07 PM   #417
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We're talking about VOLUME and now you bring up PRICE ?

I think we're in trouble here.
And you see no correlation between the two?.. We're done.
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Old 08-23-2017, 05:42 PM   #418
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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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Old 08-23-2017, 07:16 PM   #419
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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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Old 08-23-2017, 07:31 PM   #420
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Originally Posted by PaceAdvantage View Post

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
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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