Gotta love ZERO RISK in the SP500 = $$$

[Rickshaw Man]

You have nothing to fear, they won't let it fall into the weekend, that would make for bad press.

 

[Max E.]

You have nothing to fear, they won't let it fall into the weekend, that would make for bad press.

I can only hope that after the last 2 weekends this is sarcasm.

 

[Rickshaw Man]

LOL, your probably right, but from a pure R:R perspective its a stupid trade, Chinas and europe are going to trade before us on sunday it could just as easily be another 20 point gap down.

We are at the bottom of the 4 month trading range. I think its ok to keep a small long position open into the week end.

 

[hajimow]

A food of thought for your weekend. How do they calculate Chinese index when 50% of the stocks are not tradable? Do they assume that they also rose 5% or they consider them flat (last close) ? :eek:

 

[Max E.]

We are at the bottom of the 4 month trading range. I think its ok to keep a small long position open into the week end.

Yeah that makes sense, if your buying it as a long term trade with small size, waiting till we hit the highs again its not necessarily bad, but if your buying it as a trade hoping for a 20 point gap up again on monday as a day/swing trade, the odds are probably just as good of it going the other way.

 

[Max E.]

A food of thought for your weekend. How do they calculate Chinese index when 50% of the stocks are not tradable? Do they assume that they also rose 5% or they consider them flat (last close) ? :eek:

They thought of the most ingenius idea ever to boost the markets, who needs QE when you can just ban selling.

 

[i960]

Garbage Fridays as usual.

 

[S2007S]

Boring day, the last few days there was some good trading, today I didn't trade at all, waiting yet AGAIN this sunday to see what the outcome of this greece situation is going to be, last 2 sundays have seen the futures down huge over night, I think this sunday they get what they want and everything is sunny blue skies come Monday with the dow probably closing back above 18,000, if not monday then next week sometime the dow will be back again above 18,000, zero worries, zero risk....

 

[S2007S]

A food of thought for your weekend. How do they calculate Chinese index when 50% of the stocks are not tradable? Do they assume that they also rose 5% or they consider them flat (last close) ? :eek:

Exactly, I don't understand, its craziness to believe where that market is trading with, in the last week alone they have stepped in and did everything possible to prop it back up, because remember no such thing as down markets, only up markets are allowed....you can't have a down market...only up is allowed

 

[noddyboy]

A food of thought for your weekend. How do they calculate Chinese index when 50% of the stocks are not tradable? Do they assume that they also rose 5% or they consider them flat (last close) ? :eek:

They calculate the 50% of stocks as zero returns for the day. This is why CNXT and ASHR were trading -20% off their "net asset value", because the market had expected the untraded to gap down -10% when they next trade and maybe more. Now, ASHR is roughly at fair value, and so the market expects the untradable to open where they last closed, catching up to both the market fall and rise.