GREY:PGDIF - Post by User
Comment by
k22k22on Dec 21, 2015 4:15pm
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Post# 24402608
RE:RE:Wigging out the SP
RE:RE:Wigging out the SPYes I agree, if you watch the bid and ask spread throughout the day there are some very large trades that seem to disappear or thin out in both directions but the largest I have seen on the bid side. It's very difficult to say with any kind of certainty as to what is happening with the SP right now but someone is always willing to buy. I think that until the final questions is answered there will always be enough speculators to buy and enough discouraged longs to say enough is enough, I won't trade it right now because the technicals are 50/50 some days. If I had to take a stab at it I would say there is a much better chance that the results are not what they were hoping for. If it's the other scenario then someone is doing a pretty good job of making it look like it's not.