YM up 73.....why?

Discussion in 'Index Futures' started by spinn, Jan 2, 2007.

  1. spinn


  2. Ask Blackguard/islands......LOLLLL
  3. rjv27


    Jan. 2 (Bloomberg) -- European and Asian shares rallied, and U.S. stock-index futures gained, on speculation profit growth will boost global equities for a fifth straight year.

    could be an answer....
  4. S2007S


    RALLIES around the world are pushing markets to their ultimate limits. Nearly every market around the world is putting in new highs.
  5. taodr


    Why Not !
  6. S2007S


    5th straight year. Some of these markets havent seen a pullback in years.

    Look at the IBOVESPA, in the last 4 years it has gone from 10,000 to over 40,000.

    The Mexico:^MXX in the last 4 years has gone from 6,000 to 25,000.

    The Bombay exchange has gone from 4,000 to 14,000 in 4 years...

    How long can these rallies last??
  7. last may was a SERIOUS pullback for India, and most emerging markets - a la ~25% area.

    I recall because some of my funds got nailed.

    there's a lot of hot money out there... it used to chase housing. now its chasing emerging markets.
  8. Price is making New Highs in a Bull Market . . . why not?
  9. S2007S


    HAvent emerging markets been the place for the last 5 years or so...
  10. am i reading this right, ym ended trading today at 12612 then settled the day at 12539? that's pretty interesting, don't think i've seen that before - a strong rally with a settle near the bottom
    #10     Jan 2, 2007