Fear rules the market Ben. I hope you put some clothes on. It seems a psychology degree would help you trade markets than a business degree right about now. BTW, Ted spread looks like it's reversing on the Hour charts. Now back up to 4.36 from 4.3. Not good at all!
Does anyone know anything about the nuts and bolts of that index? (I don't) I'm curious- does it actually trade as a physical contract or is it more or less a lagging indicator?
Because intuitively, you'd expect well heeled global Market players in various industry to have shipping contracts running 12-36 months down the line, not instantaneous fill or kill orders like the volatility this index is suggesting.
The Financial Ninja is a collection of my thoughts and opinions about current economic and market conditions. These are not buy and sell recommendations. Use your head and do your own research. This is a forum to stimulate discussion and debate.
I started trading during the tech bubble when I was still in high school. My trading has financed my education and I have since completed a BA in Economics and an MBA with a concentration in Finance. I have worked as both a proprietary equity and fixed income derivatives trader.
Posts
4 comments:
ya! But so far I haven't seen super cheap LCD big screen TV though... I want to see 42" 1080P go down to $500 USD, now that would be cheap!
Fear rules the market Ben. I hope you put some clothes on. It seems a psychology degree would help you trade markets than a business degree right about now. BTW, Ted spread looks like it's reversing on the Hour charts. Now back up to 4.36 from 4.3. Not good at all!
Hi Ben, are you still long?
Does anyone know anything about the nuts and bolts of that index? (I don't) I'm curious- does it actually trade as a physical contract or is it more or less a lagging indicator?
Because intuitively, you'd expect well heeled global Market players in various industry to have shipping contracts running 12-36 months down the line, not instantaneous fill or kill orders like the volatility this index is suggesting.
Post a Comment