Update, USO is trading options now. Also I see a new listing for
UNG United Natural Gas Fund which will be similar to USO but will trade front month contract in natural gas. Here is a 60 minute chart of this product. Enjoy!
Spooky stuff, first of all blowing out an account or two is obviously no reason to go all berzerker; at the end of the day its only money, and there is nothing wrong with bagging groceries, etc. Look at Nick Leeson or many others who lost zillions. Sad. Here is a link to the guy at wikipedia...
Look at a one minute chart of xle, spy and dia from 11:00 to 11:30 am New York time, I have never seen this pattern before looks like a program of some sort.
I suggest getting The Misbehavior of Markets by Mandelbrot. This is an easy read; you may find it a little too easy if you are program oriented. One of the things he says is that markets show long term dependence. Markets are lumpy distribution wise and that markets tend to jump or show price...
there are many variables, assuming this is not a hypothetical case. What are the terms, ie date, price, concessions, etc. you are in the wrong area maybe. May want to be on a real estate forum.
Yes it is, but that's a good thing; the question is do we correct in june or does the market balloon? The market will probably due what will confound the most people. :cool:
I think this is an excellent question. Has the rise of electronic markets made markets more efficient, yes or no? Someone could write a good book about this. Also, it seems that the rise of computers has certainly contributed to the death of the floor as we know it.