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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (20089)6/5/2000 5:43:00 PM
From: Magnatizer  Read Replies (2) of 29382
 
Sergio

Thanks to you and Ken for the notice on the Amigos contest. I will go with a long on the CRB index. Current ticker for the June is CROM. Value at close is 224.6 last trade. Will roll into the Sept contract next Monday close.

This is not the optimal entry for this index but the target of mid 230s should be reached within 2 months and likely will hang around that area for a while.

CRB index futures margin requirement is around 1500 per contract and moves at 500 per point. Thus a 10 point move is 5k value move.

ht
Mag
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