Russell`s Fate ?

[feb2865]

	Quote:	Soultrader
	Good to have you back feb! Hope you are feeling better and looking forward to all your great posts.

Thanks a lot!!!!

[torero]

I'm not sure since the summer volume is in effect and the range has been narrowing. I can't tell if it's the migration or the summer. In either case, I haven't traded much because of poor price action. I've been more involved with agriculture since beginning of summer due to good range and gaps. I wish I knew this market before.

[feb2865]

	Quote:	torero
	I'm not sure since the summer volume is in effect and the range has been narrowing. I can't tell if it's the migration or the summer. In either case, I haven't traded much because of poor price action. I've been more involved with agriculture since beginning of summer due to good range and gaps. I wish I knew this market before.

Which ag are you trading??

[torero]

Right now, mainly corn and wheat. I was trading also soybeans and soybean meals before the 7/15 expiration. With the sept contract, volume just disappeared on last 2 ags even though the move is excellent. Without volume I don't trust them. Corn and wheat volume are still decent. It's my first year with ags so I don't have experience on seasonality other than books I've read on them. Do you trade ags to feb?

[feb2865]

	Quote:	torero
	Right now, mainly corn and wheat. I was trading also soybeans and soybean meals before the 7/15 expiration. With the sept contract, volume just disappeared on last 2 ags even though the move is excellent. Without volume I don't trust them. Corn and wheat volume are still decent. It's my first year with ags so I don't have experience on seasonality other than books I've read on them. Do you trade ags to feb?

I traded corn long time ago, back in the 80's Yes seasonality played a big role back then...and keeping an eye on the weatherman. I did good shorting corn back in the drought of 86. Nice volume and was very trendy. I am curious as I got a call from a friend of mine not long ago saying that she's doing a killing on Ag's.

I am coming back from a short forced retirement and I am feeling like a newbie into the extend that I am not a tune whit what's going on on the markets lately. Of course the ER2 situation caught my eye and I decided to do a lil research. Hope you don't mind if I keep asking questions, as I need to get back on track

I am so sorry walter I have no intentions to hijack your thread

Be blessed

Raul

[walterw]

	Quote:	feb2865
	I traded corn long time ago, back in the 80's Yes seasonality played a big role back then...and keeping an eye on the weatherman. I did good shorting corn back in the drought of 86. Nice volume and was very trendy. I am curious as I got a call from a friend of mine not long ago saying that she's doing a killing on Ag's. I am coming back from a short forced retirement and I am feeling like a newbie into the extend that I am not a tune whit what's going on on the markets lately. Of course the ER2 situation caught my eye and I decided to do a lil research. Hope you don't mind if I keep asking questions, as I need to get back on track I am so sorry walter I have no intentions to hijack your thread Be blessed Raul

Feel at home Raul... interactions are welcome from all perspectives... and its nice to see you arround.... cheers Walter.

[feb2865]

	Quote:	walterw
	Feel at home Raul... interactions are welcome from all perspectives... and its nice to see you arround.... cheers Walter.

Thanks Walter!!!

[BlowFish]

	Quote:	torero
	I'm not sure since the summer volume is in effect and the range has been narrowing. I can't tell if it's the migration or the summer. In either case, I haven't traded much because of poor price action.

I would concur with volume though I am not sure about the range. It just kind of feels a bit thin and skittish. The DAX is similar so I presumed summer had officially started.

Cheers.

[torero]

I can only assume institutions and hedge funds who use ER2 as hedging vehicles in large volume have to study and researching with seriousness about ICE's reliability in loading and unloading large volume and uptime. I remember CBOT had a few glitches over a last few years and they happened during a volatile and high volume day. Makes you wonder if they can deliver what CME has been managing so well doing it. So if the institutions decide to pull the plug and go with EMD, we'll notice it soon enough. I'm watching EMD for any increase in volume. If there is increase in volume during the summer compared to previous summer, it might be a positive sign.

[Cogniato]

feb,
ER2 130day avg vol is 206,000 contracts/day. Today it was 538,000. Just when it is getting liquid, they pull the plug. I found many ways to get an edge in the ER2's that aren't available as often in other indexes - may of them based on the reliable fact that the smallcaps overshoot the big indexes on big moves and are slower to respond to turning market internals, giving good major move entry points, and better % gains with less commission costs. ER2 also allows greater granularity in analysis because it is continually directional as opposed to the frustrating "stair-stepping" of the ES's.

The new SMCu07 (SP600 SmallCap futures) contract at CME will start trading 8-19-07. No exchange fees until March 2008 = cheap commissions! I have been studying the SP600 SmallCap Cash Index at CBOE ($SML.X Tradestation), and it tracks virtually identical to the Russell Cash, down to the one minute. The same advatageous charactristics may hopefully still apply. It also pays $10.00 per tick or $100.00 per point, which I love about
ER2.
BTW I also had open neck surgery to remove a mass in Dec 06, took me about 5 months to normalize. Lost a new trading job with one of the world's largest prop trading houses cause I couldn't show up, and I was too new to build solid performance before my surgery. I am starting to kick butt now though.