Futures likes Pitt leaving!

Originally posted by aphexcoil
Pack your bags fat-ass! You're the reason we got this low!

Why are you happy? Haven't you been short IBM and MSFT with options for the last 5 or 10 points each?
 
Originally posted by lescor


Why are you happy? Haven't you been short IBM and MSFT with options for the last 5 or 10 points each?

I have long since cut my losses.
 
Futures like change of any kind.

Is there any good reason why the price of gasoline fluctuates like it does? No!

War...no war...bomb in Israel...retaliation....Repubs are in control...Pitt leaves...Saddam has a cold....quake in Alaska.

And the actual flow of oil has not changed a drop.

:)
 
Originally posted by def
No. There was plenty of time (couple of hours) for the futures to react after Pitt's announcement. The futures rallied as the senate races were being decided.

Actually def, the market was moving higher, but really started to accelerate after Pitt resigned. The political commentators also predicting a great night for the Republicans didn't hurt either.
 
So with all this recent good news, woudn't this be the time for the big guys to start unloading positions? Sell the news. :)
 
exactly, either that, or they're shaking some small-trader behinds before the big gap up. in any case, i don't care as long as it keeps moving.
 
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