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same stuff over and over again

  • #1
  • First Post: Nov 16, 2009 1:39pm Nov 16, 2009 1:39pm
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
  • #2
  • Nov 17, 2009 7:12pm Nov 17, 2009 7:12pm
Quoting emtee
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...
What makes the retail side get short?
  • #3
  • Nov 17, 2009 7:49pm Nov 17, 2009 7:49pm
Quoting xtraction
What makes the retail side get short?
The price is going down so the sheep pile in because they've heard that the "trend" is supposedly their "friend." So they all decide to sell...without wondering who's on the other side of the trade absorbing all that selling.
  • #4
  • Last Post: Nov 17, 2009 7:52pm Nov 17, 2009 7:52pm
Quoting xtraction
What makes the retail side get short?
Hi Xtraction

IMHO there are scalpers ( 2 seconds to 20 seconds ), short term traders ( 20 seconds to 15 minutes ), medium term traders ( 15 minutes to 2 hours ) and long term traders ( 2 hours to months ).
Usually the first two ( scalpers and short term traders ) follow momentum for entry signals, so if the brokers create a sharp momentum move to the downside or upside, that attracts these type of traders from the retail side.

regards
emtee
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