A few years ago when Bigjon asked me about this I scoffed at the idea. I takes a lot of money to move the ES contract (S&P 500). Lately I've seen some evidence it does happen, but I don't want to be specific. It disturbs me that there is a big gap between cash and futures. Why would this be so?
Let me check this out: sniff, sniff--I think something may happen Wednesday.
Or not. Could just be funds whipsawing things around to make a little. But then there's that gap...
