Paper sold the close : we had Chi Corp, GS, Solley all selling the close. We had locals on the bid since 3PM and held the long all the way to pit close.
回复 csw2002
Does it mean gap down tomorrow? Locals long to cover their shorts at the close?
cycle 发表于 2010-10-4 16:18
Locals would have been flat prior to going long. I know No 1 was short pretty much from the opening bell but I have no idea where he covered and he's normally only in the pit for a few hours and very very rarely he would stay in the pit all day. I believe the locals went long after the low was tested around 3PM and it wasn't to cover any short positions they held.