Dec S&P's Trading at a Discount!

waggie945 · Sep 18, 2002

Something's up for tomorrow, Boys!

ArchAngel · Sep 18, 2002

Futures kept selling after the 4pm equity market close if that's what you mean by futures selling at a discount.

They're not really at a discount, they just trade beyond what the cash indices will reflect.

waggie945 · Sep 18, 2002

I believe that the December S&P 500 futures contract closed at a rather large DISCOUNT today due to the warning and huge earnings miss by EDS.

egusc · Sep 18, 2002

Futures do not close.

The cash index compare to the futures right now is not much diferent than the after market has experienced the past week. This is not a big move.

Free Thinker · Sep 18, 2002

IBM tank after hours caused the imbalance.

Lobster · Sep 18, 2002

Whoo-hoo! S&P is a couple points below FV. That can only mean one thing: Black Thursday Sep 19, 2002!

SethArb · Sep 18, 2002

your funny dude ...

waggie945 · Sep 18, 2002

With triple witch coming up on Friday, I woudn't be surprised that there could be some games starting tomorrow . . .

Runningbear · Sep 18, 2002

Tommorrow is also significant for Gann followers.

Looks like an exiting day for all.

Runningbear

Gordon Gekko · Sep 18, 2002

Originally posted by egusc
Futures do not close.

i'm aware this is a newbie futures question...

if the futures do not close, is it like 24 hour trading? could i trade the ES all night if i wanted to?