Has ER2 gone straight?

Discussion in 'Index Futures' started by ML_QUANT, Aug 11, 2008.

  1. No more Gayish Erratic Volatility?! Why?

    Ohh yeah, and. what's going on with it's crazy rally today, more than 3% at one point???!
  2. DonKee


    I assume you're kidding?

    While I am now short today at the 750 level, I've seen the ER2 move $100 while the b/a on the spu's never changes. lol
  3. yesterday it lead ES all day, at one point ER2 was up 3%!!! Vs. ES at 1%.

  4. DonKee


    The Russell has been a much stronger index than the S&P for quite a few months.

    The Russell is almost back to its June high while the S&P is about 8% away. A long Russell / short s&p spread has worked out very well for the past few months.

    The financials have been a big drag on the S&P. Unless the financials pick back up, you will continue to see the S&P underperform the Rus and Naz.