That crazy spike is called a STOP RUN. One of the humongous
hedge funds bought all the sell stops between the projected close
and some spot below the 200-day avg., then sold them at/near the
real close. The fund pocketed a $zillion; the rest of us
bupkus.
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"- some drama here."
Possible SPY System long entry today
Posted by dsadler on 17th of Aug 2017 at 04:48 pm
That crazy spike is called a STOP RUN. One of the humongous hedge funds bought all the sell stops between the projected close and some spot below the 200-day avg., then sold them at/near the real close. The fund pocketed a $zillion; the rest of us bupkus.