GregFokker Posted February 18, 2003 Report Share Posted February 18, 2003 Somebody bought 1.000.000 QQQs. See below. Think it matches up at all with the transaction at 10:41? 02/18/03 13:05:00 25.14 25.13 25.14 1105400 02/18/03 10:41:00 24.97 24.99 24.98 1234500 Remember too that this means somebody sold 1,000,000 QQQs. Was it on the bid or the ask? GF: The 13:05 print was on the bid; the 10:41 print was between bid & ask. Way OT: I play golf with a guy who was in "Meet the Parents". He had a 30-second stint as the FedEx driver near the end of the flick. That makes it bearish enough for my taste :grin: "Gaylord Focker?" "Wh wh whwh hwhw wait... your name is Gaylor Focker? Gay Focker? It's just not a normal name!" Masterpiece, that movie. Regards to your golf pal. Link to comment Share on other sites More sharing options...
Metamucil Posted February 18, 2003 Report Share Posted February 18, 2003 San Dayglo bioturd disaster of the day. Picture-perfect 'lone turd sign'. They gambled the farm on Lupus.......HAHAHAHAHA!! Tough, tough target. What a waste of a good location. CEO will have to cut back on that 900k annual income.....drawn directly from equity capital. No revenues. Pigs............... Link to comment Share on other sites More sharing options...
Takachi Posted February 18, 2003 Report Share Posted February 18, 2003 For a couple minutes there was an odd hyphen (-) in front of the tick. Not sure what it means? Link to comment Share on other sites More sharing options...
SideshowBob Posted February 18, 2003 Report Share Posted February 18, 2003 Since maxpain is 25 on QQQ (1000 NDX) it's very likely we finish this week between 980 and 1020. Although sometimes you can see events trigger a move away from the max pain point, since we're there three days before it's a decent bet we end the week there. Normally during expiration week the put/call ratios tend to rise. Does anyone care to hazard a guess why they're low today? The obvious answer would be complacency, but I'm looking to see if anyone can think of a technical reason, like something that takes into account the number of outstanding puts (for example, there's so much bullishness the puts are not even being closed out at a loss). SB Link to comment Share on other sites More sharing options...
PileDriver Posted February 18, 2003 Report Share Posted February 18, 2003 the smart money likes to protect its profits and is quick to do so causing these sudden, quick, nasty, big, corrections to the main primary trend. Dumb money just stays in and hopes, even dumber money sees the corrections triggered by the smart money taking profits and chases it causing more dumb money later to feed the slope of hope. Its a vicious circle. Get used to it, better yet make money off it. Link to comment Share on other sites More sharing options...
Tchaikofsky Posted February 18, 2003 Report Share Posted February 18, 2003 Doc: Pregnancy . . . birth . . . Mazel Tov. It's twins! Link to comment Share on other sites More sharing options...
strikerm3 Posted February 18, 2003 Report Share Posted February 18, 2003 Since maxpain is 25 on QQQ (1000 NDX) it's very likely we finish this week between 980 and 1020. Although sometimes you can see events trigger a move away from the max pain point, since we're there three days before it's a decent bet we end the week there. Normally during expiration week the put/call ratios tend to rise. Does anyone care to hazard a guess why they're low today? The obvious answer would be complacency, but I'm looking to see if anyone can think of a technical reason, like something that takes into account the number of outstanding puts (for example, there's so much bullishness the puts are not even being closed out at a loss). SB if they let them expire then they dont realize a gain. right? not to mention trading fees. everyone I know who writes covered calls usually lets them expire. Largest time value loss comes in last week before expiration. We could fall back here and the end result would probably be around the same. That is of course if we stay in this range. Link to comment Share on other sites More sharing options...
Guest Posted February 18, 2003 Report Share Posted February 18, 2003 .. Link to comment Share on other sites More sharing options...
GregFokker Posted February 18, 2003 Report Share Posted February 18, 2003 FVX is diverging.... to the downside... selling in five year t-bill slowing, bearish for equities. TRINQ still low, TICK.NQ fading... could be the start of sumpin good here. Link to comment Share on other sites More sharing options...
Boy Plunger Posted February 18, 2003 Report Share Posted February 18, 2003 I repeat. This rally was almost pruely a result of lacxk of market depth caused by the WEATHER. Sure as the driven snow in Manhattan turns to a greay slushy mess, so will this market. I'm more worried about the moonshot afternoons we've had for the past 2 trading days. I'll feel pretty darned silly if the dow closes up 450 points and I could have dumped everything now. I'm quite spooked right now- they got me where they want me. Link to comment Share on other sites More sharing options...
BAREister Posted February 18, 2003 Report Share Posted February 18, 2003 could someone pleez 'splain to this Ivy League preppy WASP just what MAZEL TOV means? Tia. Link to comment Share on other sites More sharing options...
FeedFool Posted February 18, 2003 Report Share Posted February 18, 2003 I repeat. This rally was almost pruely a result of lacxk of market depth caused by the WEATHER. Sure as the driven snow in Manhattan turns to a greay slushy mess, so will this market. We will have to wait for the rain. Heavy snow is always good for the Ecrummy Link to comment Share on other sites More sharing options...
SupplySider Posted February 18, 2003 Report Share Posted February 18, 2003 James J. Cramer Looking Beyond the 'Big Rally' Cramer takes a hard look at the long-term picture for equities, and finds it bleak. The Fat Lady has sung. The secular bottom has arrived. Link to comment Share on other sites More sharing options...
BAREister Posted February 18, 2003 Report Share Posted February 18, 2003 Just take anUDDER look at HRFF's AVATAR!!! Looks like Winston still has his hand up from grade school to go the restroom and they had to plug something in his mouth!!! LOLOL oh. Cramer's skeptical of the rally, FWIW. betcha it stalls out right in here. BETCHA!!! Link to comment Share on other sites More sharing options...
Hypertiger Posted February 18, 2003 Report Share Posted February 18, 2003 Better drop everything to zero and see if that works... When the housing "Bubble" goes it will be the final nail... Watch the Mo-gouge... Link to comment Share on other sites More sharing options...
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