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To: Bull RidaH who wrote (35203)10/5/1999 10:21:00 AM
From: Gersh Avery  Read Replies (2) | Respond to of 44573
 
sign me up for the next one



To: Bull RidaH who wrote (35203)10/5/1999 10:50:00 AM
From: Gersh Avery  Respond to of 44573
 
Hi david ..

ignore that last post ..

'scuse the fat fingers on the calculator.

Gersh



To: Bull RidaH who wrote (35203)10/5/1999 3:50:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 44573
 
today's trades
long 6 at 1302
out at 1303.5 for 9 points

short 2 at 1318
covered at 1308 for 20 points



To: Bull RidaH who wrote (35203)10/5/1999 4:14:00 PM
From: F Robert Simms  Read Replies (1) | Respond to of 44573
 
10/5/99

14 short @ 1311.5
7 long @ 1315

currently short 7@1311.5

Best Wishes,

Bob

P.S. I was planning to sell the popup before the announcement and work interfered:(



To: Bull RidaH who wrote (35203)10/5/1999 4:34:00 PM
From: Gary E  Read Replies (1) | Respond to of 44573
 
Todays Trades,,,

bot 20 @ avg of 1306.875
Sold 20 @ avg of 1309.75

No open positions

Long 10 @ 1316.00...sold @ 1318.00....20.00 pts
Sold 10 @ 1301.50..cover @ 1297.75....37.50

tot.......57.50 pts
less fees 10.00

net.....47.50 pts @ 250 ea = 11875 for the day



To: Bull RidaH who wrote (35203)10/5/1999 4:40:00 PM
From: Brister  Read Replies (2) | Respond to of 44573
 
10/5

B 5 @ 1324.25

S 5 @ 1323.50



To: Bull RidaH who wrote (35203)10/5/1999 6:28:00 PM
From: Gersh Avery  Read Replies (2) | Respond to of 44573
 
OK Mr BullRidaH sir ..

need some help with this one ..

started out this morning short the maximum number of contracts that I could do ..

Then just when the fun really starts I get called away ..

So then .. I shorted 15 (at 16.75) ..

I had $199,750 when I shorted them. So then at $12,500 required margin on each of them I sucked down $187,500 of available margin .. available balance then was $12,250. Not quite another contract to short .. anyway ..

I hit the penalty box 'cause I'm over the limit at close .. OK .. $500.00 and close out enough contracts to bring me back to par.

So how many contracts do I have to close?

shorted 15 at 16.75
Last trade = 15.50
gain of 1.25 * 15 minus whatever the slippage is going to be at this point.

So then the gain = 4687.5
start ballance = 199,750
total = 204,437.50 divided by 25k = 8.177.

Looks to me that I get to keep eight of these short contracts.

Which leaves me with $4,437.50 available margin left.

So then .. I had to cover seven contracts at close ..
= 3.5 * 250 + 500 total amount of fees and fines ..

I get $1,375 ..

4437.50 - 1375 $3062.50 available plus 200k tied up with eight contracts short at 1316.75 ..

If this is correct then I'll post the short form for your ease of mind ..

Maybe someone else would like to see if the numbers make sense .. or do I have fat fingers again <gg>

Gersh



To: Bull RidaH who wrote (35203)10/7/1999 12:50:00 PM
From: Bull RidaH  Read Replies (1) | Respond to of 44573
 
SS&R Contest Standings .... Sponsored By <Your Name Here>
As of 10/05's close - Emini @ 1315.75 Previous 1318.75
Type Equity
Chip McVickar PT 299,571.75
Ground Zero PT 280,000.00
H.G. Eichorst DT 265,625.00
Pat Slevin DT 263,437.50
Dave S. PT 262,187.50
Brister DT 258,249.50
MKC PT 250,500.00
FredE PT 250,062.50
Bull Ridah DT 244,813.25
SE PT 243,750.00
John Pitera PT 243,000.00
Dale Sinor PT 241,125.00
Tom Trader PT 237,362.50
Arik T.G. PT 202,000.00
Gersh DT 201,125.00
F. Robert Simms PT 177,662.65


All other fields will be updated later today.

David