Long odds on being short into Monday

    Posted by puma on 19th of Feb 2010 at 02:54 pm

    Perthx took this stat from McHugh and posted it a few days ago:

     Today, Tuesday, February 16th, was the 21st time out of the past 24 weeks that the Industrials rose the first trading day of the week...

    monday up days have been

    Posted by vnathwani on 19th of Feb 2010 at 07:04 pm

    monday up days have been a trading edge recently. however every site now mentions up mondays and thats usually when the edge stops being aan edge and normal service resumes as it were

    long odds indeed

    Posted by perthx on 19th of Feb 2010 at 03:03 pm

    but "they" could have shot their wad today in order to ameliorate the rate hike sell off.

    I don't know, Perthx, "they've"

    Posted by puma on 19th of Feb 2010 at 03:16 pm

    I don't know, Perthx, "they've" got an awfully big wad from what I've seen!

    I'm going home flat because I don't make a practice of taking long-odds unless the RR ratio justifies it - So you know what -- Something will probably blow up THIS weekend!

    Everybody -- have great weekends!

    I kinda agree.  I have

    Posted by riskmanagerjeff on 19th of Feb 2010 at 03:18 pm

    I kinda agree.  I have some longs and short, but overall, market neutral.  I just dont think I have any edge gaming monday mornings.

    Well said -- that was

    Posted by puma on 19th of Feb 2010 at 03:30 pm

    Well said -- that was really the point I was trying to make -- I also don't feel like I have an edge being net short into Monday. 

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