whats up with ER2?

It was a clerical error.. take look at the cash index... $RUT

 

hmm, i think of clerical errors like someone sending a memo out with a company meeting scheduled for 3:15AM instead of 3:15PM.

but, hey, i'll keep an open mind about my definition

 

Where did you see that?

 

i haven't seen it anywhere, but that's what OEC said too. however, i just finished chatting with MBT (who was checking with the floor/exchange) and they say so far the trades stand.

i looked at CME/Globex's site, but, hmm, no news flash on that little 'blip'. but they DID announce holiday hours

http://www.cme.com/about/press/cn/05-105LaborDayHours14751.html

woot woot!

 

i should know this .. anyone know precisely how the bust levels are determined? i'm surprised they let this stand quite so deep

 

Hmmm. Maybe it was a real order. Think about it a minute. (or 2)

 

Of course it was a real order, otherwise it wouldn't have printed.

 

Well, now that we broke that 665ish support you kind of have to. Could be nothing more than nervousness for the rest of the day but...we may close nearer to there than farther from it.

 

nasty. why the chip on your shoulder?

of course they're real orders. question is where to draw the bust line. plenty of trades below 658.20 were 'real' orders too... shit traded down to like 653

 

Didn't mean to sound like I had a chip on my shoulder. Yes, they were all real order - even the ones that were busted. That's why I'll never understand why they bust any orders at all - someone must have wanted to get in/out at those levels or they wouldn't have had orders sitting there in the first place.