Why is the Nasdaq futures meaningless?

Discussion in 'Index Futures' started by sputdr, Oct 20, 2005.

  1. It's almost as if it's irrelevant and the dow, perhaps the most meaningless index on the planet means everything?

    What the fuck?

    Any insight is appreciated.
  2. inet


    Because nobody trade it.
  3. It has more volume than that piece of shit dow. I mean the minis anyways in the afterhours.

    Can't even use it to hedge anymore. Friggin thing doesn't budge.

    That's a shame, I fucking hate the dow.
  4. ND and NQ's.

    I mean as compared to the S&P. S&P drops 3 pts and the nasdaq drops 2. There seems to be no relationship really anymore. No more arbs. No volatility in the index.

    The arbs dont let the S&P and DOW ever get out of whack and any professional will tell you the index means nothing.

    With the increase in popularity of the dow it has fucked up the overnight trade on the S&P because of the arbs and if you use Globex you have no way of hedging.