by Larry Levin
Today was the day that the June futures contract rolled over to September and with that comes split volume. I know I have recently mentioned this often but many still haven't switched contracts. That's OK for now, but you need to make the switch soon.
There isn't much to write about today so let me just counsel you that Thursday's low volume and choppy environment will continue - unless a surprise news announcement hits the tape.
Trade carefully.
Previous Day's Trading Room Results:
Trade Date: 6/10/10
E-Mini S&P Trades*
(before fees and commissions):
1) 80% sell @ 10:01am at 1074.25 = -1.50 & -1.50 (2 lots)
2) FT buy @ 1:08pm at 1071.75 = -1.25 & -1.25 (2 lots)
3) Algorithm positions (6)
4) “Reading the Tape” positions (4) …combined Secret’s, Algo, & “Reading the Tape” total… -6.75
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