Focus your mind, manage emotions, go with the flow.
Friday, April 16, 2010
GS should ask for their money back from their algorithm team if this small town high school grad trader can pick their pocket like this. No fakes outs, no hocus pocus, negative spreads whats going on...
Even tho GS is 10% of the market, today the market was bigger. Check this out. Options contracts traded on GS: yesterday 7 million and today 100M. Traded on GOOG which had earnings news: yesterday 6M and today 12M. The winner is BAC: yesterday 240M and today 590M.
So GOOG which had the news was meh. The banks however have something big moving under the surface. I hope this is a sign of opportunity heading our way.
GS should ask for their money back from their algorithm team if this small town high school grad trader can pick their pocket like this. No fakes outs, no hocus pocus, negative spreads whats going on...
Even tho GS is 10% of the market, today the market was bigger. Check this out. Options contracts traded on GS: yesterday 7 million and today 100M. Traded on GOOG which had earnings news: yesterday 6M and today 12M. The winner is BAC: yesterday 240M and today 590M.
ReplyDeleteSo GOOG which had the news was meh. The banks however have something big moving under the surface. I hope this is a sign of opportunity heading our way.