Eubie discusses with Jill Malandrino from TheStreet the use of SP E-Minis versus the S/P 500 Index / using stops / & legging in & legging out of trading strategies & some key levels of the $ESZ contracts.
Subject: BGC Chart Chatter NFP and Equity Index Futures Chart Views….Oct 7, 2011 US NFP needs to hold its 21-month moving average (light blue) line at minimum to maintain trend from 2009 Overhead momentum restart is 110k , signals recovery [...]
Subject: BGC Chart Chatter SP 500 Futures Desk Alert….Oct 6, 2011 ECB leaves rates unchanged, as Trichet disappoints in his finale, quickly deflates market hopes of a 25 -50 bp cut ______________________________________________________________ Roger Volz Director BGC FINANCIAL L.P. [...]
That’s why they call it “turnaround Tuesday.” Our early note from yesterday commented that negative sentiment was beginning to move into panic mode following Friday-Monday’s overwhelming sell programs. A panic trade is how October lows get formed.” The next ledge [...]
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