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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (216)	3/14/2003 11:38:50 AM
From: Londo	Respond to of 666

I agree with your assessment with oil. I don't know a thing about gas apparently, so I won't comment on that. As for the Euro, I do think the reaction was over-done, so going long for a penny or two might be a good move. But I'm not sure about that either. (my own personal predictions of the currencies have been pretty bad, thankfully I only made one stupid trade on it so far). Here's a funny story: Bad news: I placed my ES order at 827.00 as a DAY order between 4:30pm EST and 01:00am EST (i.e. before IB does its daily shutdown), and my order was not sent to GLOBEX since it got wiped in the daily IB shutdown. Oops (lesson to myself: Always make it GTC). Good news: The ES reached the low of the day of 827.25, so even if my order went through, I would have never been filled by a QUARTER POINT! What irony. But had my trade been filled, I'd be up 13 points on the S&P. Oh well.

To: RockyBalboa who wrote (216)	3/14/2003 12:50:50 PM
From: Londo	Read Replies (1) \| Respond to of 666

Covered my 30-year bond future short at 114; I made a whopping $57.70 after commissions today. It'll pay for pizza and drinks! My portfolio is now flat. Have a good weekend!