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Strategies & Market Trends : The Player's Club

SPY 670.97

+0.1%

Nov 7 4:00 PM EST

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To: Bull RidaH who wrote (3869)	1/7/2000 6:38:00 AM
From: GROUND ZERO™	Read Replies (1) of 11513

David, I just re-calculated my standing based on your last post about those 14 and here's what I came up with... The closing equity on 1/4, after subtracting the commish for the 14 and the $500.00 penalty should read $286,419.50 and $291,232.00 on 1/5 still long 11... the market was down 9.50 so my last equity should read $265,107.00 which only allows me to carry 10... one contract is busted and a $500.00 penalty imposed which leaves $264,607.00 as of yesterday's close... therefore, I can only short 10, which I did, at 1399.75.... the second trade shorting 5 must be busted and not count since I don't have the equity for that trade... does this all appear accurate to you? GZ

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