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Question about post-adjust strategy
Would I be right if I said that if a movie opens well beyond expectations and people are talking about it, traders assume it has legs, in which case the smart thing would be to hold it after adjust (assuming you had it long to begin with).
On the other hand, if a movie does just okay or less than expected, the assumption is no legs, traders sell off and/or go short, so wise post adjust move would be to do the same...?
Question about post-adjust strategy Mar 05, 11:09
Not really. Unfortunately, the post-adjust play is a crapshoot. Mar 05, 11:23
That's too bad. I was hoping to get into the post adjust groove and make some money on upcoming openers after adjust. {nm} Mar 05, 12:34
I had my pants in the location you suggested. I am still diggin out of the red. Good thing there was news today. {nm} Mar 05, 13:22
Your assumption about the timing of the brake release is wrong. {nm} Mar 05, 16:35
Just curious.. Why does HSX use the "brakes"? What's the reasoning for tempering the movement of the market? {nm} Mar 07, 07:41
It also matters whether a movie is front loaded - those generally drop faster than your average movie {nm} Mar 05, 18:51
