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... monicadern

Thanks!

... dreadwin

His /ES numbers will be switching to June.

By Opex, the /ES and $SPX should have parity i.e. no difference between the futures price and cash price. The new June contract will have a several-point (usually 3-4 if memory serves) premium over the cash price.

... Earl of

Dreadwin said he is pretty good in an up market, pretty bad in a down market. I don't have a long history with him. For me it's all been brilliant except when some news event jars the market.

... dreadwin

You might see a very short term dip (a few points) as traders dump the March /ES.

... monicadern

Sundancer, do you know what that actual number of what the $Rut would be on that rad line? Trying to ascertain if we bust through it.

... Earl of

I thought maybe he was trying to say his /ES numbers would be switching from the March contract to the April contract. But I hated to just guess.

... monicadern

Man, Carl seems good. Have you ever seen him wrong?

... monicadern

Hi Dread, but what does that mean in terms of direction?

... dreadwin

The current /ES contract (March?) will be expiring, if I'm not mistaken.

... Earl of

Out of TNA