this is why the futures are dead --READ

Discussion in 'Trading' started by Warrior4g, Dec 13, 2007.

  1. balda

    balda

    Credit crunch is a much bigger problem than cheap dollar.

    Cheap dollar makes market more affordable.
     
    #11     Dec 13, 2007
  2. Plus people are realizing that the Euro is bs due to the insurmountable long term structural problems that Europe has.

    John
     
    #12     Dec 13, 2007
  3. gobar

    gobar

    commodities, oil, fina all r down...

    still market is holding in a tight range...

    let the selloff begin...

    2morrow's CPI will be the highest since 1930's

    :D :D
     
    #13     Dec 13, 2007
  4. gobar

    gobar

    also put/call ration for xlf is 3.2/0.3
     
    #14     Dec 13, 2007
  5. piezoe

    piezoe

    Ooops. Maybe pm?
     
    #15     Dec 13, 2007
  6. Shagi

    Shagi

    why highest ?
     
    #16     Dec 13, 2007
  7. piezoe

    piezoe

    Finally at 2pm we get the other side of the salad bowl to form in the ER2! Up to then it was a pooper scooper. Well, I was over two hours off, guys. Sorry. Feel free to trash me for bad timing. We did get there in the end though. A good day until 1pm for reversal trades, then long at 2pm and hang on to your hats! I am out for the day now. A good day, but it wasn't without its white knuckle moments.
     
    #17     Dec 13, 2007
  8. Yea, but look at the serious contango in LIBOR and Euorodollar futures. Sombody is expecting rates to plummet over the next 9-12 months.
     
    #18     Dec 13, 2007
  9. And that's exactly what happened - rates plunged 200 basis pts over the following 3 months with a bit of a rise lately. I made a killing from the drop. Anyone else?
     
    #19     Apr 17, 2008