thursday trading, page-11

JD

Looks like they did a reverse ramp or an unramp today.

Anyway they are ramp-aging, lol.

For quite a while they have ramped the individual stocks at each open at expiry causing a crazy expiration price for expiring futures and then selling the new contract. It changes from time to time.


This time they achieved a 75 pt fall for Dec from yesterday's close and then pushed the market up.

Whether it has any longer term significance I don't know.

We can always be sure that when things become obvious then Murphy will step in, or some organised effort more likely in this case.

Interesting when you consider Mar has been at a discount to Dec for a bit. Maybe that was the key as the new contact is usually higher leading up to expiration.