A lot of trading pit hand signals have origins which were lost to history and ever since I learned the signal for Blue (Year 4) at the CME, I always wondered of it's origin as no one else seemed to know either.
Yesterday in Maui I returned the shaka sign to someone and it finally hit me that the same signal is used at the CME for Blue because of the Elvis movie Blue Hawaii. AMIRITE???? Now if I could only figure out why all the spreads I have on are moving against me.
