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Has The "Opening Pump" Replaced The "330 Ramp"?

Tyler Durden's picture




 

From the lows in 2009, there was one sure thing in the market - buy stocks at 330pmET and sell at the close. For 3 years this massively outperformed every other period... until ZeroHedge exposed 330 RAMP CAPITAL in 2013. Since then it has been a losing bet with the 930-10amET "opening pump" replacing it as the "easy money." That was, until Black Monday...

It appears since then "the team who protects markets from plunging" has switched back to what they know best...

 

And - by way of pure conjecture, as we noted previously - there is an odd correlation with VIX positioning...

 

 

 

Chart: Nanex LLC

 

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Wed, 10/14/2015 - 17:30 | 6668747 stant
stant's picture

I want Tuesday back

Wed, 10/14/2015 - 18:12 | 6668881 HedgeAccordingly
HedgeAccordingly's picture

more buyers vs sellers.. but likely is hedging index option positions against the futures

Hedging Or Cross Hedging? It Makes A Difference
Wed, 10/14/2015 - 18:30 | 6668945 knukles
knukles's picture

Oughta move it to 4:20 or 7:14

Wed, 10/14/2015 - 19:25 | 6669130 playdoh
playdoh's picture

just know OEX hedgers = smart money, at least genrally

Wed, 10/14/2015 - 17:38 | 6668771 r3ct1f13r
Wed, 10/14/2015 - 17:43 | 6668790 RopeADope
RopeADope's picture

Whatever they are doing is not working.

They broke the markets on Tuesday morning this week with that particular ramp. Liquidity got shot to sh*t as everyone began suspecting there was a novice button pusher at the helm.

Wed, 10/14/2015 - 17:52 | 6668815 SillySalesmanQu...
SillySalesmanQuestion's picture

This shows, beyond any shadow of a doubt, that Wall St. algos read Tyler & ZH.

Wed, 10/14/2015 - 19:21 | 6669118 playdoh
playdoh's picture

yep, since the lows of 2009.

they enjoy a good laugh

Wed, 10/14/2015 - 18:00 | 6668839 xrxs
xrxs's picture

Wonder if that was the magic behind last week's squeeze.

Wed, 10/14/2015 - 19:32 | 6669145 playdoh
playdoh's picture

twas the magic carpet ;)

Wed, 10/14/2015 - 18:36 | 6668966 venturen
venturen's picture

Since there are like 5 entities trading....whatever they wish

Wed, 10/14/2015 - 19:28 | 6669135 playdoh
playdoh's picture

and one of them (PPT) will always kill the shorts, cos ZH posters say so 

Wed, 10/14/2015 - 20:15 | 6669272 NOZZLE
NOZZLE's picture

I always called it the Magic 2 O'clock bounce

Wed, 10/14/2015 - 21:03 | 6669413 Clowns on Acid
Clowns on Acid's picture

Correlation does not prove causality..... errrppp. 

But it does cause one to think.

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