ES Journal Archive (2009 - 2010)

I usually don`t follow the SPY except occasionally glance on it from my list of quotes, but today I noticed that there seemed to be a discrepancy between the SPY and the ES.

SPY gapped down on the open, has recovered some, but still not closed the gap.

The ES contract is now touching the highs at 1241 and in the green for the day.

Why?

Please enlighten me.

 

You know that today is expiration day, right?

 

Yes.

 

Look at ES December car (all normal):

 

spy may have paid a dividend but i can't find it

 

we are heading back to 1238s

 

reduce 37.75 - .25 edit add 40 avg 38.75 edit reduce 38

 

37.5 todays nip

 

It was paid on the 17th

http://sixfigureinvesting.com/2010/01/next-spy-ex-dividend-date-19-march-2010/

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Big kudos for keeping all the bulls at bay, we may get one more sell-off before EOD

 

dvol/uvol 16/12 since high of 41