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13k Party hats in hand,15k hats already being fitted....


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Poll: 13k Party hats in hand,15k hats already being fitted.... (19 member(s) have cast votes)

By the end of march the market will be

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#31 DrStool

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Posted 19 February 2012 - 10:42 PM

Must have slipped my mind, but the cash markets are closed tomorrow.


The futures are also closed. I think they close when Europe closes. They don't trade when US markets are closed for a holiday.

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#32 Goldmember

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Posted 19 February 2012 - 10:51 PM

Futures open as normal and trade until 11:30am tomorrow. They'll reopen 6:30pm tomorrow.
Anthony caused pearls to be dissolved in wine to drink the health of Cleopatra; Sir Richard Whittington was as foolishly magnificent in an entertainment to King Henry V; and Sir Thomas Gresham drank a diamond, dissolved in wine, to the health of Queen Elizabeth, when she opened the Royal Exchange; but the breakfast of this roguish Dutchman was as splendid as either. He had an advantage, too, over his wasteful predecessors: their gems did not improve the taste or the wholesomeness of their wine, while his tulip was quite delicious with his red herring.here

#33 psyche doctor

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Posted 19 February 2012 - 11:04 PM

The futures are also closed. I think they close when Europe closes. They don't trade when US markets are closed for a holiday.



Right, forgot Monday was a holiday for some reason. Just realized today was Sunday when it was around 5.

NQ and ES futures will close at 11:30 Eastern Time Monday morning.


It is common for some futures (NQ, ES, CL included) to trade on holidays but on a modified schedule.
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#34 psyche doctor

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Posted 19 February 2012 - 11:10 PM

Looking for higher prices on NQ, probably into the upper trend-line resistance ( or comp 3000, maybe) where a shorting opportunity will probably present itself.

Chart includes globex


NQ022012.png
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#35 DrStool

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Posted 20 February 2012 - 12:29 AM

Futures open as normal and trade until 11:30am tomorrow. They'll reopen 6:30pm tomorrow.


Stock futures are closed during regular NY trading 9:30 AM ET to 4 PM ET. Others vary, but I assume most people here are concerned with stock futures.

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#36 psyche doctor

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Posted 20 February 2012 - 01:58 AM

Stock futures are closed during regular NY trading 9:30 AM ET to 4 PM ET. Others vary, but I assume most people here are concerned with stock futures.


Stock futures or stock index futures?

Stock index futures (ES NQ) end the holiday trading at 11:30 Eastern Time. This per one of my broker's website and the CME.

CME/CBOT Indices (YM, DJ, SP, ND, NK, MD, ES, NQ, EMD) Normal opening Sunday Closes at 11:30 AM Monday (Orders placed for this session will be for trade date Tuesday Feb 21st and will expire on Tuesday Feb 21st at the normal closing time.

cme holiday schedule


I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#37 Jimbo

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Posted 20 February 2012 - 05:23 AM

TRADING PLACES - A TALE OF BONDS.

AND THE SMART MONEY PLAY OF 2012 IS.....

Sub Prime...long

And so the New York Fed unwinds the Maiden to supply the sub-prime to the smart money loading up

Because sub prime are the new treasuries (with nice asset backing)

And treasuries are the new sub prime (with no asset backing what so-ever - only the full faith and credit promise)

The value of that promise is falling.

Sub prime and treasuries are "traded places"

The market will one day recognize this fact.

But it will take its time to do so.

The market only recognizes reality slowly and grudgingly.

Those who recognize reality more quickly than the market - the smart money - clean up!

And as the servicers will get the foreclosure mills running at full steam again that provides only upside.
timoleon

#38 DrStool

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Posted 20 February 2012 - 11:17 AM

I was going by this- http://www.cmegroup....sidents-day.pdf Says closed from 10:30 CT to 5: CT which is when the NYSE is normally open 9:30-4 ET.

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#39 psyche doctor

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Posted 20 February 2012 - 11:41 AM

I was going by this- http://www.cmegroup....sidents-day.pdf Says closed from 10:30 CT to 5: CT which is when the NYSE is normally open 9:30-4 ET.



Interesting. It is 10:40 Eastern time and the NQ and ES are still trading. Not like it means anything, as it is probably just a couple of bots jousting.


But 10:30 CT is 11:30 Eastern time. The NYSE open sounds logical, but you got the CT and ET backwards, as CT is behind ET.
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving





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