Posted by dylan398 on 19th of Sep 2008 at 09:23 am
I don't explain it SKF is a derivative for shorting the XLF...I
believe wall st was also caught with its pants down on this and
there will be some kind of rebalancing...but no trade to be made
since you can't short for a pairs trade.....
we may have a "fake" 1000 pt up day today....
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XLF/SKF
Posted by dylan398 on 19th of Sep 2008 at 08:56 am
the XLF is up 20% but the SKF is only down 22%...becareful here could be a trade imbalance here...
re: XLF is up 20%
Posted by trade on 19th of Sep 2008 at 09:10 am
re: XLF is up 20% but the SKF is only down 22- how do you explain that, which one is wrong? Is there a trade there?
I don't explain it SKF
Posted by dylan398 on 19th of Sep 2008 at 09:23 am
I don't explain it SKF is a derivative for shorting the XLF...I believe wall st was also caught with its pants down on this and there will be some kind of rebalancing...but no trade to be made since you can't short for a pairs trade.....
we may have a "fake" 1000 pt up day today....