CALDEIRÃO DE BOLSA

Steven Smith

Even More on Globex
5/01/03 05:58 PM ET

"Aaron, the floor trader I spoke, who is obviously a much simpler man than the one you quoted, had this nostalgic take on the situation saying, "It was great; the pit actually had paper coming in and people were watching the order flow instead of screens and jumping and screaming. It was just like the old days." He also requested his name not be used. Nor his age.

I think these two takes highlight the difference between the floor trader (who realizes he's becoming an anachronism) and the guy plugged in upstairs. "

(in www.realmoney.com)

O Task tem razão ao recomendar uma postura de "retranca". Após o falhar da retoma da negociação dentro do RTH há neste momento muita gente a pensar no que vai fazer...

A grande maioria das contas andam entre os 5000-10000USD/EUR - qualquer coisa como 80%; será que isto tem a ver com o facto de só 10% dos traders ganharem consistentemente? - e muitos destes que durante o dia estavam fortemente alavancados do lado short no primeiro terço do dia, ficaram agarrados e a fazerem contas se a maintenance margin ia dar para o day after.

Can you spell MARGIN CALL?

Abraço,
lmm

Aqui está uma resenha de vários posts rápidos que hoje se escreveram no Realmoney sobre este assunto:

Aaron Task

Globex outtage
5/01/03 03:41 PM ET

"A lot of frustrations about today's Globex outtage. Traders short the e-Minis "got screwed" when trading went down b/c many couldn't afford to the big pit-traded contract.

Many of those folks may have felt compelled to hedge their "stuck" e-mini short by going long the QQQs and/or Spiders, which could have contributed to today's comeback, traders say.

I now eagerly await the conspiracy theories about how this outtage was done by (or for) the PPT to help the market in conjunction with Bush's "Top Gun" impersonation. "


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Alan Farley

Nobex
5/01/03 03:47 PM ET

"I expected everyone would be hedged out but I was just surfing some futures boards,and there are some folks acting trapped for whatever reason. Guess we'll find out soon enough. "


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Aaron Task

more on GLobex
5/01/03 05:10 PM ET

"Even if Globex trading is back to normal Friday, the implications of today's outtage may linger, according to one futures trader (who requested anonymity): "Since the market is a dynamic, non-linear system, a price perturbation like today's can alter the intermediate direction of the market since it could cause a large number of positions to be reevaluated simultaneously. That is why I'll trade light the next few days." "

(in www.realmoney.com)

Estava curto no NQ0306 desde ontem nos 1113, mal aquilo emperrou, fiz log on na "continha salvadora" da deal4free e cruzei a posição, senão mais valia ter comemorado o dia do trabalhor com uma gazeta.

Um abraço

Abre ás 20:15, ou seja já seguir! good luck!

O Bob Pisani, na CNBC, está a sugerir que havia muita gente curta depois dos dados maus hoje no início da sessão e que se viram impossibilitados de fechar as posições por causa da Globex estar em baixo. Implicitamente, parece-me estar a concluir que esta puxada foi feita com o objectivo de os obrigar a fechar os contratos bem acima...

Um abraço,
Ulisses

Só o efeito de ter começado o pre-market do Globex já acalmou um pouco o mercado. Os malucos estavam a tentar tomar conta daquilo ... e estavam a consegui-lo.