|From: luvb2b (Rep: 2098)||Date: 11/20/2019 12:31|
|Forum: Wall Street Pit - Msg #2805524 - List NOW msgs ||Thread #674108743 (Rec: 0) |
|being added to the s&p index today, including the celgene acquisition and cash from celgene i had estimated around 15m shares to buy market on close. this has created a couple billion dollars of selling in the s&p index names over the last day or so. that selling is basically all technical in nature related to rebalancing. i'm thinking short term as the selling gets done the spx could rally the next day or two.|
"There are those who market trades, and there are those who trade markets.
There are those who follow marketers, and those who follow markets.
The marketers feast on their followers; the traders feast on the markets." -luvb2b
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