A large down day. Not what I expected with the $200 million all in on the down side the last two days. I figured he would stay there at least one more day. But he didn't.
This week's numbers so far for the S&P:
Monday: 177.68/247.81
Tuesday: 70.91/347.23
Wednesday: 64.98/347.39
and today: 74.02/210.80
So he got back out. And actually, looking at these numbers reminds me that he was possibly not all in. I'm used to seeing anything over 300 be all in. But this negative number is so high without him even being in, you see it's 210 today which I think is without him, that he might have been only half in or two-thirds in. But whatever. You see that he got out of his short position, and you see what the market did. I say it's related.
The big news is how negative the Nasdaq 100 went today. The Nasdaq 100 numbers for this week so far:
1.72, 1.69, 1.55, 1.19
Today's positive/negative numbers that yielded that 1.19 number were: 114.93/96.88
First of all, it's abnormal for the numbers to move strongly more negative and have a strong down day on that same day. But I think it's very good to see this number getting down to even money. All along on this recent decline, the one thing that wasn't looking like we had reached a low was the Nasdaq number never really got too low. But this is extremely low.
Hey, $200 million man, looks like we're going down. Better get back in there on the down side!
Rob
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