why the big drop in the S&P after hours??

Discussion in 'Trading' started by Robert Weinstein, Jun 6, 2002.

  1. Anyone know why the S&P dropped about 15 points on the e mini between 3:30 and 4 oclock CST?
     
  2. just21

    just21

    was it the intel conference call? They lowered revunue targets.
     
  3. lundy

    lundy

    don't know why, but I went long a small position of NQ @ 1125 just a sec ago... based on a gap play.
     
  4. krt

    krt

    intel took down revenue and gross margin estimates for 2nd qtr
     
  5. YUP, I did the same at 1125.50

    Good luck to YOU!!:D
     
  6. lundy

    lundy

    i'll be holding for a minimum of 20 points
     
  7. krt

    krt

    i was just curious as to why you guys went long.
     
  8. While the futures market was still open, I was watching Intel after hours a few minutes after the equities market closed and saw no clue. In fact, futures were ticking up ever so slightly. So I started writing my journal. Needless to say, I will never get distracted again until Globex closes for settling. Crap... hindsight is always 20/20. I'm glad that Phoenix guy on the SI thread got something out of it. What a killer trade.
     
  9. lundy

    lundy

    i went wrong, I mean long, because of a play i've got, Sleepless Nights. U can find out why i do what i do on my journal with the same title, Sleepless Nights.
     
  10. lundy

    lundy

    bronks, I just hope it doesn't go up until after the open.
     
    #10     Jun 6, 2002