Pure Garbage

Discussion in 'Index Futures' started by JNR, Sep 30, 2009.

  1. JNR


    If you trade ES at all you should watch how ridiculous the trade has been getting pushed around. Literally, the book is stacked with nothing less than 350 on the bid and offer for 2 handles deep, and we will move three handles on microscopic volume at once. The simple formula is one dude moving up hid bids and pulling his offers. This mkt is a complete joke. Happened tonight (9/30) at 3:30 am CT. DAX and FTSE came with of course. Maybe it's someone at a bank, who knows, but they've got enough dough to stack a book and do what they please. Either way, free cheese if you get with him for a few handles.
  2. You should be getting your "beauty sleep" at that time. :cool: