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/ES Mini Futures Trading In Tight Range
May 17th, 2010
Futures and the /ES mini contracts are trading slowly this morning. Most of the focus is on the “new sub-prime” i.e. the Euro which fell to a four-year low. Clearly investors are grappling with whether budget cuts in countries like Greece, Spain and Portugal will drag Europe into a recession or not? Unless they do something drastic now which will also hurt the economy, a long and deep depression might be in store.
Anyhow, it’s expiration week! So we all know it could get a little crazy as we near Friday. Here are my thoughts for the week…
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05-21 17:30
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| NASDAQ | 2847.21 | ||||
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