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

To: Bull RidaH who wrote (1202)	11/18/1999 1:21:00 PM
From: Soumen Barua	Read Replies (2) \| Respond to of 11513

David, Thanks for answering. Here is my next question and hope that you could answer that. How much it would cost me to buy 1 contract at the current price (around 1420 from Turtle trader)? Is that around 12k? Thanks. SB

To: Bull RidaH who wrote (1202)	11/18/1999 6:28:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 11513

David, I screwed up pretty seriously. I leaned on the sell button instead of the buy button. In this post #reply-11987514 I said s15 MOC when I meant to say b15 MOC. I had 25 short and was intending to buy to close so that I would be cool overnight. Anyway, if I sold 15 more, that would leave me with 40 short. I am going to assume that my MOC order is negated and that you will buy whatever is necessary to square my margin call and charge me a penalty. Let me know what my next step is. With Don Sew's Class 1 sell signal still in effect and some of the stuff that Pitera has been showing me, maybe being short 40 ain't such a bad thing, but then againl...... Thanks for the accounting and sorry for the hassle. JXM