Quote from ChkitOut:
The article goes on to say...
Umm, and? 1300 ES contracts is like trading 100 shares of IBM in terms of liquidity.
See above
Im not sure what he's saying here? Is he trying to say that some trader can predict the direction of the market (predictable fallout?) from a jobs report and is making a fast bet ahead of everyone? I don't think so and so what anyway. And if its some kind of ES/SPY arb strategy.. so what? Makes the market more efficient.
I really dont get it. I'm looking for that part about how the market is going to go completely bonkers and I cant find where he makes a case for that other than to say, the most liquid securities in the world, treasuries and s&p futures/etfs are being traded really fast.
Is that all you got?![]()
http://www.elitetrader.com/vb/showthread.php?s=&threadid=242604