RE: [RT] Run em

["Mark Simms" <marksimms@xxxxxxxxxxx>]

so bottomline: that was a bullshit move, correct ?

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From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Tim Mack
Sent: Saturday, May 31, 2008 8:43 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Run em

At 2:46 Merrill started buying 1000 cars, they were done at 2:55, locals ran them down and scrambled to cover by selling to cash close buyers.

It’s a good idea to know who can move the market and what they are doing if you trade futures unless you use 10 handle stops.

Ron Cernokus <roncer@xxxxxxxxxxnet> wrote:

End of the day was the big run. A 6 point drop in about 4 minutes.  But 3:06 was another if you trade futures. 

 

 

----- Original Message -----

From: Tim Mack

To: realtraders@yahoogroups.com

Sent: Friday, May 30, 2008 4:20 PM

Subject: Re: [RT] Run em

no stops hit today, locals got chopped up until end of day

 

Ron Cernokus <roncer@xxxxxxxxxxnet> wrote:

The pit just loves those stops.

 

Ron

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