thats what ive always assumed, b/c ive seen this before too, and of course it ends up being a sweet fill....
Excellent observation. Cant begin to count the number of times that Ive been whipsawed by these tendencies, Thx, may try to put into practice
There is a lot of "index-arbitrage" that is going on between the futures premiums in the S&P and baskets of NYSE listed stocks.
I've noticed this happening this past week in IBM. Haven't been able to figure out how to game it, although I havn't really tried as my position is really just a long swing trade.
===== TraderNYC; What were the top 2 thing you learned in NASDAQQ, Amex options,ETFs training that you had never read?? One of the best specialists read is , click search & ''DeeMan'' top right hand corner this page. Amazing what some write for free. One of the most common patterns is apparently when the specialist goes to lunch; replacement likes to play games on low garbage volume.