Traders Laboratory - View Single Post - Playing the Opening Gap
View Single Post
  #4 (permalink)  
Old 03-29-2007, 11:20 PM
notouch's Avatar
notouch notouch is offline
notouch has no status.

 
Join Date: Jan 2007
Posts: 539
Thanks: 0
Thanked 3 Times in 3 Posts
Re: Playing the Opening Gap

No need to get defensive ST, I'm just adding a bit of friendly discussion.

Do you mean the SSFs of the DOW 30 stocks? It seems to me that volume is too light on these contracts to really give us very useful information. I would have though YM premarket volume would be more reliable. ES is good because the DOW 30 is a subset of the S&P 500 and YM almost always moves in tandem with ES. ES volume is much higher so probably more reliable (no one trader could cause an abnormal volume spike on ES, unlike YM or SSFs).

Reply With Quote