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Strategies & Market Trends : The Player's Club

SPY 683.70

-0.3%

Dec 8 4:00 PM EST

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To: Jon Khymn who wrote (122)	11/4/1999 7:02:00 AM
From: Gersh Avery	Read Replies (1) of 11513

Good morning folks .. Looks like GZ added some nice change to his account last night! Another item to mention is the E-mini .. The E-mini is a miniature S&P future contract. This is a contract that can be traded with less required margin in an account. The gains or loss for the E-mini is one fifth the amount per point than for the S&P furtures contract. As far as this contest goes .. we track the pricing on the E-mini to establish our entry and exit prices. Among other things, the E-mini can be watched for free by everybody .. the S&P contract is time delayed unless you pay a subscription to some serrvice. So .. this contest .. we trade the big contract based on the price of the little one. FWIW Gersh

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