Drop in Naz futures after 5pm ET

Discussion in 'Trading' started by m22au, Dec 17, 2002.

  1. m22au


    Any ideas for the reason behind the drop in Naz futures at 5:02pm ?

    I have the QQQ dropping from 25.92 to 25.72 in 3 mins on over 500K volume
  2. Quah


    MU miss.
  3. m22au


    Thanks you beat me by a couple of mins. Very happy to take my shorts home tonight :)
  4. Minime


    I can't believe these companies could miss their numbers! :( A friend in Seattle said some larger companies are laying off left and right. I think things are worse than they appear.
  5. Babak


    Read Fleckenstein. He's been calling semis right for more than a dozen years. The DRAM prices plummeted after a little blip.
  6. fortuna


    let s see what they say in their presentation
  7. Preachin' to the choir, baby!!!
  8. Yes MU dumped and so did the techs and NQ..

    but whats up with the 11 point bounce after NQ sold off on MU news...

    I mean short squeeze is one thing but damn, 11 pts?

    Something ain't right here???

    Techs all closed AH lower most at lod's

    But NQ bounced 11 pts?

  9. It was one of those days when opportunities appear outside of regular trading hours.
  10. its triple or if you count SSF ( quaduple ) witching week

    maybe some if the movements in the futures are related to this
    #10     Dec 17, 2002