NO UP-TICK RULE: CHANGES ENTIRE TRADING STRATEGIES!!!
Markets will be extremely volatile and momentum driven.
Often unpredictable.
Disaster favoring heavy trading volumes and hedge fund activities.... for RICH.
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Posted by: __1Best__
In reply to: __1Best__ who wrote msg# 2104
Date:8/15/2007 5:27:19 PM
Post #of 2107
Getting rid of up tick rule.
This change of the rule is promoting high trading volumes and favoring hedge funds.
re: NEW TRADING ENVIRONMENT in High Volatililty
05:19 PM
...
Since we don't have uptick rule, the volatility is unpredictable.
It is all depending on "Fast money" net work blue horse shoe. Extremely organized momo trading.
...
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by poster: a=ha on TT
Today, 04:55 PM
Honestly we do not know whether we are in a bear market or bull market.
This could be a wide trading range as suggested by VIX
however most of the fundamental stuff I follow suggested / called for a bear market, this spring 2007 as you may know from xtrends
I dont care what it is tho, giving names doesnt give me extra advantage... but i think i do know how to handle this market.
most of the people still trying to use last 4-5 years indicators/ systems to trade this. They will not work because this is a different market.
I said this a few times before this market has changed. You have to adapt yourself.
This post has been edited by A-ha: Today, 04:57 PM