BWAHAHAHA!
You have not seen the movie "Trading Places?" Unbelievable!
That is like a pro golfer that has not seen "Caddy Shack".
Please go rent "Wall Street" and "Trading Places" and watch them immediately!
Just PM me, before you break out the dictionary!
LMFAO!
:D
Not exactly, let me show you what I mean.
NQ had a range of 36 points today(1087.50-1051.50). Thus a dollar range of $720(36 multipied by $20).
ES had a range of 21 points(926.25-905.25). Thus a dollar range of $1050(21 multiplied by $50).
See what I mean?
I admit that I have no idea how you do it. I really thought arb trading was the exclusive domain of institutions.
But whatever you figured out, good for you.:)
Well, if I am correct in the above post about volume on the mini.
The future looks pretty bleak for the big pit. If you have to do size, why would you do in the pit now?
I now the commish is a little less, but the slippage has to be getting worse.
I guess they may survive on the arb...
Wow!
I did not realize this, until I went and looked. This is the Nov. volume for futures.
MINI S&P FUT # 11,053,819
S & P 500 FUT 1,374,299
The Mini beat out its big brother in dollar volume traded! (Emini vol/5=2,210,763).
When did this...
Probably true. But Meriwether will be back. I think he is a better trader than most give him credit for. He got himself caught in a arb traders nightmare, liquidity dried while vol soared. He thinks outside the box and he is cunning. As long as you don't get too brave, that is usually a...
Cramer, is making snide remarks.....
LOL! Didn't that idiot blow up a fund before he came to CNBC?
The only thing he is qualified to make snide remarks about is Rogaine!