Is YM the next Russell ?

[walterw]

	Quote:	cooter
	NO. The EMD S&P MidCap400 is. Point/tick values on the YM are too small to compare to the ER - or EMD, for that matter.

Hi cooter, I never really payed attention to this one, how is liquidity and range here ?...

[cooter]

	Quote:	walterw
	Hi cooter, I never really payed attention to this one, how is liquidity and range here ?...

Strictly a daytrading vehicle.

Good range, but slippage is a matter of concern, given that the volume is comparatively low, with spread up to 3 ticks wide - so approach with caution.

If you are comfortable with the ER2, then it might be worth looking at - otherwise, for most folks, wait unless the volume picks up (assuming a push by the CME is made to have it replace the Russell).

[walterw]

	Quote:	cooter
	Strictly a daytrading vehicle. Good range, but slippage is a matter of concern, given that the volume is comparatively low, with spread up to 3 ticks wide - so approach with caution. If you are comfortable with the ER2, then it might be worth looking at - otherwise, for most folks, wait unless the volume picks up (assuming a push by the CME is made to have it replace the Russell).

I am looking a chart right now of it and its very similar to er... only still doesnt have much liquidity yet... will be interesting to see if rusell traders will migrate to this one as it so similar... thanks Cooter for this information wich is very usefull indeed... cheers Walter.