Power Outage

Discussion in 'Trading' started by vanilla2, Aug 14, 2003.

  1. Andre

    Andre

    ::geek alert::

    Fate protects fools, little children and ships named Enterprise.
    -Will Riker, in "Contagion" - STTNG Episode 36

    André
     
    #51     Aug 14, 2003

  2. That's interesting.. I had a screen up on RealTick which kept showing SPY and QQQ trades pretty much continuously, with prices updating on ARCA and INSTINET.
     
    #52     Aug 14, 2003
  3. simple arbitrage:

    buy utility and backup power stocks, and sell retail stocks...

    in the coming weeks, they will pass legislation giving utility stocks a big boost...

    maybe a tax cut...
    maybe just subsidizing...

    it's a conspiracy.... a political play.

    imo they should penalize the asses that let this happen.
     
    #53     Aug 14, 2003
  4. yes, penalize them by levelling the playing field between Big Power and the consumer... i.e. incentivize fuel cell purchases.
     
    #54     Aug 14, 2003
  5. i know isld was down but i got a fill on ARCA
     
    #55     Aug 14, 2003
  6. i liek the thinking and hedging but why retail? retail just hit a 52 week high, and many retailers are hitting new highs, i would look for a different hedge if i were you
     
    #56     Aug 14, 2003
  7. #57     Aug 14, 2003
  8. hey this is cool:

    SPooz futures now +2 without any reason after this -10 due to power outage.
    US markets are so rational. Always free.
     
    #58     Aug 15, 2003
  9. Always free ...
     
    #59     Aug 15, 2003
  10. i love how they still don't know what the hell happened, BUT THEY DO KNOW IT WASN'T TERRORIST RELATED!

    i'm not saying it is, but if they don't know what the cause was, how can they say it wasn't?!

    ROCK
     
    #60     Aug 15, 2003