Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Londo who wrote (425)	5/1/2003 8:55:24 PM
From: Londo	Read Replies (2) \| Respond to of 666

When the market gods are against you.. Anyway, I took a 4% bath today on my capital (which is about 2.75% more than had I been stopped where my stop buy orders were set) due to the GLOBEX shutdown. This was my worst day since February 5th (where I took a 5% hit). This kind of bullshit hurts, but I feel for the guys that day-trade these things with 5-10 contracts at a time - if any of them were caught short and lost 10 points on ES with 10 contracts, they'd be totally screwed if they were playing with 25k equity.