The E-Mini Pit
If you currently trade, or are interested in learning to trade, the CME E-Minis, this thread is for you. As opposed to just another market direction discussion thread, our focus here will be on providing a traders resource of specific information on the E-Minis, including discussions of brokers, trading platforms, order types, trading methodologies, money management techniques, futures-specific tax issues, etc. In addition, please post your trades, but please include your reasoning, so we can all learn. Links to charts, articles, seminars, and other message boards dealing with E-Minis or futures trading are encouraged. Also, please check this original post from time to time to see any new links we post here and to check out The Post of the Day, which will be selected from daily contributions to the board. ______________________________________________________________ A Few Thread Guidelines:
This is a moderated thread, so please respect these few posting guidelines: 1. Please stay on topic. If you want to discuss corn, beans, or stocks, there are lots of other threads for those. 2. Please no bashing, profanity, or boasting. Show respect for the folks who wish to post here. Help out the new folks who want to learn. 3. If posting trades or market predictions, please tell us why you are taking that position. 4. Have fun, and help us make this board a valuable resource to Futures Traders. ______________________________________________________________ POST OF THE DAY:
Message #244 from Susan G at Feb 6, 2002 8:42 PM (EDITED)
I was just looking at the NDX weekly chart. We are doing a retest of the April lows right here. Not on the comp yet, just the nasdaq 100.
And I was looking at the number of days down in a row. Early in January, right after the double top we had 4 down days, a small bounce and another down day, a gap down. The only time there were more than 4 days down in a row was in December 2000. It's been a long time.
But this accounting thing is one of those unexpected news catalysts and it's spreading like a plague. So who knows how long it can go on. If there is not a swift reversal tomorrow, it's going to get nasty.
It will be interesting to see where they are in the morning. Charts are pretty useless tonight with all the AH damage. ______________________________________________________________ Key Links for E-Mini Traders:
E-Mini Contract Specifications: cme.com E-Mini FAQ: cme.com Register for Free E-Mini Real-Time Quotes: realtime.barchart.com E-Mini Charts (Delayed): futuresource.com Information on Futures Brokers: elitetrader.com Futures Trading Free Seminars: zapfutures.com NFA Home Page: nfa.futures.org Louis Lambrecht's Pivot Lines Spreadsheet: lvlamb.itgo.com Tax Site for Investors and Traders: board.fairmark.com CME 2002 Holiday Calendar: cme.com |