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To: Les H who wrote (5436)	2/4/2003 9:18:11 PM
From: Les H	Read Replies (1) \| Respond to of 29599

From the Big Ooops folder - some order clerk apparently entered (or rather mis-entered) several large orders into Globex late this afternoon for the S&P emini. The mistake triggered about a 60 second cascade of fills up to 90 points above the market and also apparently triggered some sympathetic reaction in the SPY. The improperly triggered trades are being busted. On one hand, it's easy to argue that the exchange needs to bust the trades - almost 6000 contracts filled at up to 90 points above the market is an up to $27 million loss for the (mis)entering firm. On the other hand, if YOU miskeyed an order and got filled, the exchange isn't going to bust your trade for you. You'd have to eat it. Perhaps instead of just busting all the trades and sweeping the event under the rug, the CME should give the firm the choice of eating all the contracts as they were executed (like you'd have to) or paying a fine of say $15 million and immediately implementing order entry edits to prevent such miskeys in the future. Aside from the short lived excitement at the end of the day, things traded in a fairly narrow range after the morning gap down open with traders mostly sitting on the fence. 3mtinc.com

To: Les H who wrote (5436)	2/6/2003 10:10:25 AM
From: Les H	Respond to of 29599

Weekly MACD and MACD histogram turn negative stockcharts.com[m,a]wacannay[pc10!c21][iLah12,25,9!La12,25,9]&pref=G negative for SPX, OEX, and DOW still barely positive for tech indices: COMPQ, NDX, MSH, PSE, and the tech sector indices (SOX/GSM, NWX/GIP, BTK/NBI, GSO, and INX)

To: Les H who wrote (5436)	2/7/2003 4:56:31 PM
From: Les H	Read Replies (2) \| Respond to of 29599

50-day moving average for Nasdaq stocks stockcharts.com[w,a]dalannay[pc10!c21][iLe12,49,1!La12,25,9]&pref=G stockcharts.com[w,a]dalannay[pc10!c21][iLe12,49,1!La12,25,9]&pref=G first chart is raw number. second is expressed in percents. making move for the raw numbers below 250 or 10 percent. chart should update for Friday's action tonight. 50-day moving average for NYSE stocks stockcharts.com[w,a]dalannay[pc10!c21][iLe12,49,1!La12,25,9]&pref=G stockcharts.com[w,a]dalannay[pc10!c21][iLe12,49,1!La12,25,9]&pref=G Same here. Probably broke the 25 percent level today.