Welcome to the new Khalsaspad › Forums › Traders Talk Forums › Weekly trading discussion threads › March 2020
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Khalsa.
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March 30, 2020 at 18:38 #29457
End of month and end of quarter rebalance in US stocks.
True picture on 1st April ( All Fools Day ).
Never give up, never surrender.
March 30, 2020 at 18:55 #29458Makes perfect sense Chris.
Indeed good to be back Zarif.
Plan your trade, trade your plan!
March 30, 2020 at 18:56 #29459Hopefully a 6.30pm ish high. 2602.4 SPX
Plan your trade, trade your plan!
March 30, 2020 at 19:01 #29460My target on the short has to be the 20/30 point mark again. It wont fall easy until crookstime at a guess and even then its a gamble as in crookstime it might go up.
However I have traded in the belief it will fall.
Plan your trade, trade your plan!
March 30, 2020 at 19:26 #29461Very best I could have got is 14 points before the Fed WCB came.
I am hanging in until my target.
Plan your trade, trade your plan!
March 30, 2020 at 19:45 #29462Oh well, I had a plan, I stuck to the plan and it failed. Best was that 14 points profit.
All down to crookshour now
Plan your trade, trade your plan!
March 30, 2020 at 20:00 #29463Crook on Bloomberg just said that to re balance tomorrow crooks need to buy 120 million worth of stock. They have only bought 40 million, so they still need to buy 80 million.
You got to love EOM and EOQ
Plan your trade, trade your plan!
March 30, 2020 at 20:08 #29464U mean 40 mn?
Bunch of mustards.
hoping that back test holds and we sell off in crookshour. Not looking great right now but change in a blink of an eye….
March 30, 2020 at 20:09 #29465So here is another TOD it can try for down. Now 2615 SPX CASH.
Next time will be 8.30pm our time.
Plan your trade, trade your plan!
March 30, 2020 at 20:11 #29466U mean 40 mn? Bunch of mustards. hoping that back test holds and we sell off in crookshour. Not looking great right now but change in a blink of an eye….
SOrry yes edited it, he said they bought 40mil so far, still need to buy 80mil.
Plan your trade, trade your plan!
March 30, 2020 at 20:11 #29467Go long K…. it’ll tank lol
Little sacrificial one …..
March 30, 2020 at 20:12 #29468U mean 40 mn? Bunch of mustards. hoping that back test holds and we sell off in crookshour. Not looking great right now but change in a blink of an eye….
SOrry yes edited it, he said they bought 40mil so far, still need to buy 80mil.
Damn lol…
March 30, 2020 at 20:18 #29469these moves are seriously reminiscent of fighting the fed post 2008.
There is absolutely no logical reason for this to be up. People are at home, people are not working, factories have no production, travel industry is dead, airplanes are grounded.
However logic is out of the window in a fed pump.
I cannot believe lows are in. This will all have a massive impact on the economic numbers.
Maybe it is just EOM/EOQ, we have seen it before.
Can the world really bail out every company?
Plan your trade, trade your plan!
March 30, 2020 at 20:33 #29471Go long K…. it’ll tank lol Little sacrificial one …..
lol I think I will give it a miss.
Plan your trade, trade your plan!
March 30, 2020 at 20:49 #29472It was worth 20 points. But again if you blinked you missed it as WCB took it all back.
Plan your trade, trade your plan!
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