My fonts in the US registered something very weird on the NYSE.
As you should know while the close of the Stock Exchange closes at 4pm, you can still pass a few order for a few minutes.
On Friday, at 4:02 NY time, someone passed (mainly sale 4:1 ratio) an order close to to 39% (not an typo) of the entire volume of the previous day. And logically it id not register in the index.
I asked and it is not linked to the quadruple witching option expiry day.
We do not why.
The available explanations are
– an error
– a big fund that needed to divest a large position and has been “asked” not to influence the market
– an institutions that knows something and is jumping ship before it sinks.
Gentlemen…make your choice!
Have you ever thought about creating an e-book or guest authoring oon other blogs?
I have a blog based upoon on the ssame ideas you discuss and would love to have
you share some stories/information. I know my visitors would value
your work. If you’re even remotely interested, feel free to shoot me
an e-mail.
Hi Ethel (I suppose)
I actually never thought about it, but I welcome your idea with interest and I am actually not new to book writing as I co authored “Online Trading: The Revenge of the Nasdaq” in 2003 (Italian best seller) and adapted in Italian Shwager’s US Best Seller “Stock Market Wizards” in 1999.
Now my posts are more about the famous Matrix “blue pill” so trying to understand what is that the various hidden powers want to achieve and how that shape the word/the economy and the market. I do not have a political tilt – for me, as John Le Carre’ says, all the players are just a different shade of grey
If you want to detail more what you propose my email is ffferro@gmail.com and then we could even organize a skype call. Also let me know if you propose this as a for profit venture or not.
Cheers and thank you
Fabio