I think the Fed is buying up S&P futures like crazy! After the 1987 crash,

Mar 26, 2020
4:10:49pm

Chazz Reinhold Starter

President Reagan established the "plunge protection team" to aid the markets when they are crashing. Google it, very interesting!

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Chazz Reinhold

Bio page: Chazz Reinhold
Joined: Sep 16, 2012
Last login: Mar 11, 2023
Total posts: 1,022 (1 FO)

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Messages

Author

Time

recent DOW performance: high, low, current

run26

3/26/20 3:34pm

It's temporary

AtomicHamster

3/26/20 3:35pm

This bounce is based solely on the idea that America will be on the path back

Harbinger

3/26/20 3:36pm

How sure are you about that?

grosven

3/26/20 3:44pm

Well 64% of all statistics are made up on the spot.

Cougar TD

3/26/20 3:45pm

Very sure.

Harbinger

3/26/20 3:45pm

What are you shorting?

grosven

3/26/20 3:51pm

I have a straddle on SPY. Looking to sell the call side into the gap up if it

Harbinger

3/26/20 4:11pm

That is actually a good trade right now, but expensive, When does yours expire?

grosven

3/26/20 4:22pm

April 9th. 265x250

Harbinger

3/26/20 4:26pm

Tomorrow will be interesting. Going into the weekend, I would expect a down day

Kerbouchard

3/26/20 3:40pm

I would normally agree. But I am watching a show right now where they are saying

crack

3/26/20 3:49pm

Yeah, I heard about that also. We'll see what happens...

Kerbouchard

3/26/20 4:21pm

I repeat myself. I hope we are seeing mainly

BYU71

3/26/20 4:03pm

I think the Fed is buying up S&P futures like crazy! After the 1987 crash,

Chazz Reinhold

3/26/20 4:10pm

Can they speculate like that. Didn't think they could?

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