Originally Posted by Bird of Fire »

The "game" as you put it was designed for portfolio managers to hedge their bets on other instruments, not to speculate or crap shoot for a scalp or two of quick and easy profit.

Sounds like an authoritative statement to me... Could you back up your opinion with some concrete facts to support it?

[OAC]

The entire futures market was created for the commercials to
hedge their porfolios whether is pork bellies or stocks.
Like an insurance policy, the hedger pay a premium that goes to the speculators who assume the risk. It takes both parties to make the wheel go around.

[LegendaryTrader]

There is too much liquidity and too many pros in the ES market for any meaningful manipulation to take place.

[ckait]

Seems to me with the advent of electronic trading, and all the tools out there , everyone is on a semi level playing field. If any body has the power to manipulate any thing it is the fed, and there plunge protection tactics. Lets see if they can stop this one.

[notouch]

Nowhere near $4 trillion dollars a day exchange hands in the ES. Not even a tiny fraction of that. Where did you get that figure from?

[ammo]

he probably heard it from dillon rattigan on cnbc who said in july on that 270 up day in the dow that there was a record 30 or 40 billion short and they got squeezed, more bull