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Re: Sojourner55 post# 65245

Thursday, 06/23/2016 3:23:15 PM

Thursday, June 23, 2016 3:23:15 PM

Post# of 701364
"Why is SP up 10%?"

I have it narrowed down to 2 of your selections, but with minor changes.

1. in anticipation of favourable Brexit vote, moving with the market.
5. The market wants to prove Turtle wrong.

The Brexit denial was what I had attributed it to, with the assumption that some kind of early read says the Brexit will fail.

But now that you point out the Turtle factor... It could be that the higher powers inferred Turtles prediction of a 50 cent SP as a tell that he has sold his long position and is now short. Once input into the cloud model, this would naturally trip the machine trading to buy buy buy. So, the Brexit issue may not be it at all. So hard to be certain about these things, but I am leaning toward the (anti) Turtle factor.
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