Apr 022010

Though Globex is trading this morning, since the cash market is closed, volume is very light (just 20k contracts traded since 4:30 EST yesterday), we have decided to sit this one out. I doubt any size could be put on anyway. Good luck to those slugging it out. Remember to watch the volatility. Thin trading can be insane and this is when predators (you can’t blame us today – lol!) will be out in force and successful at moving the market. That said, if you have an edge and know how to read the flow you small 1-5 lot traders could make some real money today. But if you don’t consider yourself talented in that respect, I wouldn’t mess with it today if I were you.

See you all on Monday…

 Posted by at 7:18 am

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