It's interesting to note the Premium/Discount in the spread between the Dow Industrial Cash market and the Futures market. The September YM contract is at a 100 pt discount to the Dow cash currently.
Lets see what happens to this Futures Premium Trade in the next month, I expect the two numbers to get closer together, making me money in the process.
Trade setup-
YM Futures Contract- Short June, Long September.
1 comments:
cnbc cheer leading this rally will only hurt it. only a matter of time. but i doubt we see new lows in 2009 tho.
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