January 31st Chat: Post-Market Chat

January 31st Chat: Post-Market Chat

A question from a long-time follower was spurred by the following tweet: “Very high probability ES will float up overnight. Expected move up before cash close.”

It was not possible to discuss this given the limitation of 140 characters on Twitter, so I initiated this session. I ultimately don’t know what the market will do. I simply define and accept a reasonable risk to determine whether that hypothesis is right or wrong.

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