Personally, I still haven't gotten over the Meg and Russell problems as broken (at least to me) by you, and as confirmed in the NATIONAL ENQUIRER. But Maybe the futures traders are reacting to the news on Hillary and her new man, which shared the same cover. Hard to say. Of course, the futures aren't up much, could bounce back and forth easily. I believe that last week the Nasdaq closed on the other side of the pre-market futures every day.
Now, I have a question for you, Bobby, or anyone, at risk of exposing the shallowness of my own experience: How much do we know about the futures traders whose "indications" we all seem to follow so avidly? How many of these traders are there? What dollar volume do their trades amount to? Where are they, mainly? How many of them are day-trading, how many hedging, how many playing on other time frames? Do the answers to any of these questions change depending on time of day, post-main session or pre-session? Is the number more a "public" number (i.e., a herd of losers, better for contrarian indications if any) or a "pro" number (i.e., sophisticates who, on the whole, do pretty well)? Do they get their critical info from ENQUIRER covers at the local supermarket, like most right-thinking people, or do they get it from ACCESS HOLLYWOOD like most evil permabears?
Enquiring minds want to know. |