The Meat Grinder Market Continues
- Posted by DynamicHedge
- on July 22nd, 2010
(Click chart to enlarge in new window)
This is a 60 minute chart of the S&P 500 for June and July. You know what you feed into a meat grinder? Slaughtered bulls and bears. Both the longs and shorts have been extremely frustrated lately. Do you see predictability in this chart? This is why I’m a spread trader.
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DynamicHedge is an equities, futures and derivatives trader based on the West Coast. He runs a long/short opportunistic relative-value strategy within a proprietary trading group. More
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