don't forget the jobs report which will be used as an excuse to hype it up or down or whatever suits.
MSKL, it just occurred to me that if the stocks were a better deal than the futures, you could have shorted the NQ futures and bought the main NDX stocks for zero risk. You would have made guaranteed money through that spread. Good for you if you did that. If the spread profit wouldn't be enough to cover the costs, then buying stocks instead of futures wouldn't have been worth it. But if it really was worth it, and you didn't do the spread, I can only say welcome to the dopey club. edit: wow i just made senior
Im wondering which stocks he bought because with the exception of a few, there wasnt much of a bounce, how bout them bottom pickers
buying the stocks instead of futures wouldn't have given you the opportunity to sell when the futures peaked @ 4 am this morning.
@ 4AM the spreads in stock are too wide. Although I did buy some QQQ's at 27.85 vs selling futures at 1137.50 around that time. Last night I bought QQQ's at 27.85-90 against selling futures at 1129. i didn't buy too much stock last night (about 8 futures worth). No INTC or BGEN - so I'm actually doing quite well - thanks!! From last night, I'm up on several stocks - KLAC, NVLS, SEBL, PMCS, DELL, QCOM and VRTS - small losses on others - big profits in futures Just bought my last two futures at 1113.50 as they finally came down to FV (cash trading at 1112)