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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (887)11/16/1999 11:50:00 AM
From: Vitas  Respond to of 11513
 
>>>I'll take another look... if there are any errors, I'll gladly repost to David..... thanks for letting me know.....<<<

Please review the following:

The "error" at 2:02 p.m. resulted in an "error"
in your favor by $1.25 * 35 contracts *250 = $10,937.50

The "error" at 2:23 p.m. resulted in an "error"
in your favor by $1.50 * 30 contracts *250 = $11,250.00

Total "error" = $22,187.50 or 1.365 points per contract.

Your summary for that day's trading included the errors.

If you were to make this kind of error on all 1,487 contracts
x 2 (round turns) = 2,974 contracts x 1.365 points = $1,014,877.50

Just a "small" "error" of .50 points x 2,974 contracts = $371,750.
Without such errors the standings would be quite a bit closer and would change Player's strategy in the competition.

Clearly the rules must be followed by everyone, wouldn't you agree?

I have not yet reviewed the Globex session trades listed below.

Hope this helps,

Vitas

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To: +GROUND ZERO (361 )
From: +GROUND ZERO Sunday, Nov 7 1999 6:39PM ET
Reply # of 989

Contest - buy 10 mkt in the night session right here... will check back for the fill.....

GZ

Filled at 1372.75...

----------------------------------

To: +GROUND ZERO (418 )
From: +GROUND ZERO Sunday, Nov 7 1999 6:47PM ET
Reply # of 989

Contest - buy ten more at mkt...

GZ

Filled: bought ten at 74.25

Now long 20 for the rally.....


-----------------------------------

To: +GROUND ZERO (422 )
From: +GROUND ZERO Sunday, Nov 7 1999 7:05PM ET
Reply # of 989

Contest - buy ten more mkt...

GZ

Filled: bought ten at 74.50

Now long 30 - average price of 1373.833 for the big MSFT recovery rally tomorrow.....<g>

Have fun everyone!!!!!

-------------------------------------


To: +GROUND ZERO (426 )
From: +GROUND ZERO Monday, Nov 8 1999 2:02PM ET
Reply # of 988

Contest - sell 35 mkt... will check back for the fill.....

GZ

Filled: sold 35 at 79.50

Now flat.....

---------------------------------

To: +GROUND ZERO (450 )
From: +Vitas Monday, Nov 8 1999 2:43PM ET
Reply # of 988

991108,1401,1379.000000,1379.250000,1378.500000,1378.500000,58
991108,1402,1378.500000,1378.750000,1377.500000,1378.000000,100
991108,1403,1378.000000,1378.000000,1377.250000,1377.500000,67

----------------------------------

To: +GROUND ZERO (450 )
From: +GROUND ZERO Monday, Nov 8 1999 2:23PM ET
Reply # of 988

Contest buy 30 mkt.. will check back for the fill.....

GZ

Filled: bought 30 at 78.00

----------------------------------

To: +GROUND ZERO (457 )
From: +Vitas Monday, Nov 8 1999 2:41PM ET
Reply # of 988

991108,1422,1378.250000,1379.500000,1378.250000,1379.500000,48
991108,1423,1379.500000,1380.000000,1379.250000,1380.000000,72
991108,1424,1380.000000,1380.000000,1379.250000,1379.500000,53

----------------------------------

To: +GROUND ZERO (457 )
From: +GROUND ZERO Monday, Nov 8 1999 3:01PM ET
Reply # of 989

Contest - sell 30 mkt... will check back for the fill.....

GZ

Filled: sold 30 at 78.75

Now flat.....

--------------------------------

To: +Bull RidaH (442 )
From: +GROUND ZERO Monday, Nov 8 1999 4:59PM ET
Reply # of 989

Trade Summary for 11/8/99

I began the day short 5

S 65 @ 1379.163
B 70 @ 1375.00

I should be flat now for real...<g>

Thanks for everything.....

GZ

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