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gloe

03/10/04 5:19 PM

#216095 RE: Train Guy #216082

Train Guy, the index futures contracts (NQ, ES, etc.) do not expire actually until next week (Thursday at the close? something like that). But most traders start trading the next contract tomorrow. I watch the volume on both (March and now June) and when the June takes over in volume, I switch. But you can still hold the March and trade them if you want until they actually expire next week.

g
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shoreco

03/10/04 5:59 PM

#216116 RE: Train Guy #216082

Train Guy...@9:30am the March contracts volume will fall off a cliff and the spreads will increase every hour thereafter, by next week they could be trading "above" cash...

The June volume will kick in @9:30am and they should trade about 2bucks below cash...