Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (60015)	9/20/2002 9:23:26 AM
From: Gersh Avery	Read Replies (2) \| Respond to of 94695

remember this futures expiration .. with a very large overhead short .. just like the last timed. contracts that are being expired are being bought while the next contract to expire is being sold or shorted. ie : roll over looks like it causes downward pressure on the market until the morning the old contracts expire. reason: only one month is being called the "front month" when generating the "prem" number for computer generated trading programs. The day the new month starts being used and the future contracts continue to be rolled over, the new contract is only being shorted in this "roll over" effect. This in turn triggers the computer sell programs ..