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To: Jon Khymn who wrote (122)11/4/1999 5:54:00 AM
From: GROUND ZERO™  Respond to of 11513
 
You need $250,000.00 in your account to hold 10 contracts.....

GZ



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



To: Jon Khymn who wrote (122)11/4/1999 8:54:00 AM
From: John Pitera  Respond to of 11513
 
Web , right you are I just left the 13 handle off of my limit buy order of 1364.25.

I should have bought at market, as the contract did not pull back the 2 points or so to trade at that level.

the symbol for the emini is ESZ9 for the Dec E-mini S&P futures contract.

the exchange gives that price feed away free for a live time feed.

the exchanges charge for the other real time feeds.

John