
Well RIMM reported great numbers after the close last night, so the NAZ futures are up 23, and the Dow futures are up 100, and the S&P futures are up 14. The S&P SPDR's (SPY 146.80) closed at 146.80, and they should gap up at least a point. So offer stock out a bit less than a point up and see if you get taken. Some clown will think he's picking up a free 10 or 20 cents. Wrong!
SPY goes ex-dividend this morning, and granted, SPY is considerably deeper than QLD, and players that trade this are considerably more sophisticated. But if you're reading this so early, you may get a chance to short some shares to a clown at a higher price pre-market, and then buy them back from him when he realizes his mistake. It's not $5 but it's a "Free 50 Cent."
http://www.amex.com/etf/prodInf/EtPiDistributn.jsp?Product_Symbol=SPY
http://www.proshares.com/funds/distributions
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