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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Mark Davis who wrote (5458)11/15/1999 7:48:00 PM
From: Matthew L. Jones  Respond to of 18137
 
The spreads were abnormally high on the e-mini today as well. Typically, during normal hours, the spread is .25 point, but today it spent much of the time with a .50 spread. Makes it a little tough to trade when you use a 1 point stop loss. Matt



To: Mark Davis who wrote (5458)11/16/1999 1:57:00 AM
From: -  Read Replies (1) | Respond to of 18137
 
Great point. Here's a major event, affecting many thousands of traders, and letting the MM's have a field day with wide spreads, and nothing on CNBC , TheStreet, or anywhere it should be.
Maybe they don't want to offend a heavy advertiser.
;---)


Ah, but you've missed an even more compelling reason for this notable oversight, and the lack of the usual breathless reporting of every rumor. Has everyone forgotten, CNBC is part-owner of ARCA. And, where does ARCA go first when it routes your order? ISLD, of course (see the connection?). So, obviously they were engaged in hushing up the "dead ISLD-ARCA" news. Right? :)

Sounds unlikely, but then again I originally thought Clinton was really innocent! So, bring on the Black Helicopters...

-Steve