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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (25462)	6/17/1999 9:52:00 PM
From: Patrick Slevin	Read Replies (1) of 44573

<the thought of the market tanking 100 or 200 spoo points while holding anything long is a bit more than can be imagined..> Funny you should mention that. I heard only this morning about someone who finally covered a Spoo Short for a Loss of roughly a hundred points.....on each of several spoo contracts. Roughly a $25,000 loss on each contract. Makes me wonder....why did he bother to cover now? Must be those devious pit traders....a hundred points ago they had to know where his Stop was.....

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