YM Futures

Discussion in 'Economics' started by The Kin, Jul 16, 2008.

Did the government manipulate the stock market by buying futures to force stocks up?

  1. Yes

    6 vote(s)
  2. No

    10 vote(s)
  3. I don't know

    1 vote(s)
  4. Fuck off with the polls Kin

    4 vote(s)
  1. To me it seems apparent that strong buying took place all day in the YM contract which in turn caused the arbs to short the contract and buy the underlying stocks.

    I just find it interesting that YM lead the rally all day and only pulled back slightly after the close, or maybe I'm just talking BS. Opinions on this please.
  2. You're talking BS and slightly paranoid. Short-covering rallies generally don't pull back very much. :cool:
  3. rcj


    Some of the fear went away - at least temporarily due to
    Fed/Tres./SEC action. DOW30 re-action was pretty much expected. YM vol was "normal" as well. Nothing unusual in the close either.

  4. Alright, poll results confirm what you're saying. I'll take off the tinfoil hat and accept reality.
  5. True.