The MM and their HAL 2000's are playing this perfectly. A quick pop to clear the short stops and embolden the perma-bulls, then a massive drop. Here are some channels that I think are in play.
Just started trading for the week. Glad I had a fistfull of put and sold calls. Upset that my futures were stopped out by that overnight pop to 919 (big ouch).
No comments:
Post a Comment
Insightful and Useful Comment!