Friday, May 07, 2010

Complacency Is Over....... "Cancel All Orders, Cancel All Orders....."

I hope he has "survived" the trading day.... If you want a good explanation how the "surprising" market action could happen at you should read NO FAT FINGER! & "Rise ( & Fall ) Of The Machines" ... ... If my market view is correct i think we can enjoy similar clips in the future.........

Bleibt zu hoffen das er den Handelstag gesund überstanden hat....Mehr Hintergründe für das nicht wirklich überraschende Marktverhalten gibt es in NO FAT FINGER! & "Rise ( & Fall ) Of The Machines" ... Sollte ich mit meiner Marktbeurteilung recht behalten dürften uns noch einige solcher unterhaltsamen Videos ins Hause stehen....



H/T The Reformed Broker

Did he really cancel his orders near the bottom..... ;-)

Hört sich für mich so an als wenn er nahe dem Tief alle Orders gecancelt hat...... ;-)

UPDATE:

Ben Lichtenstein’s Breathless SPX Order-Taking



H/T Barry Ritholtz

INSTANT CLASSIC!

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3 Comments:

Blogger francois-guillaume said...

weve reached the technical point on the bullish trendline and bounced off it, now going to 12,000 ?

6:43 AM  
Blogger jmf said...

Moin FG,

i assume the top in almost every major risk asset in in....

Should be no surprise that i don´t label GOLD into the risky asset category...;-)

6:49 AM  
Blogger Stevie b. said...

@ francois-guillaume

I suspect you could be right...

8:50 AM  

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