Futures creep

Discussion in 'Chit Chat' started by stock_trad3r, Feb 10, 2009.

  1. The way the futures creep works is that after a big selloff like today the futures gradually drift higher for the entire session until the markets open 1-1.5% higher @ 9:30. It isn't a sudden buying frenzy, but a long, gentle rally that sucks in a lot of shorts who are duped into believing it will be faded easily.

    827.16 829.5 2.60 825.11 829.5 4.39

    showing a 2.6 point gain
    The spy is up 35 cents in AH so far

    83.35/10

    Bid/Size
    83.36/1

    Ask/Size



    I suggest taking profit now if you made any being short today.

    You can always short again @ the open.
     
  2. We are due for a health pop tomorrow.
     
  3. yea...look like we'll see a nice pop tomorrow morning and with support at 7850 holding ..the gains will be locked.

    827.16 830.9 4.00 825.11 830.9 5.79
     
  4. weld1

    weld1

    GOOD LUCK WITH THAT!
     
  5. dinoman

    dinoman

    I always have thought A.D.D. was another pharma scam, but you have made me a believer. Unfortunately, you are the only one that should be taking those drugs!

    All output of ignorance and no input of reality! Wooohoooo!
     
  6. weld1

    weld1

    trad3r i think that dude is hitin u below the belt. u can't help it if ur an eternal optimist...go get um. but always trade what u see!!!
     
  7. GTS

    GTS

    Wow, too bad you blew your entire wad on options that are set to expire worthless shortly otherwise you could trade this amazing phenomenon you've discovered.