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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (9480)2/6/2006 10:49:11 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
In a highly liquid market, that is very unlikely... that happens only once every two or three years, I can't consider that as a genuine concern, you could also get hit by a meteor coming to Earth, or hit by lightening, it's just not an issue with me...

GZ



To: Kirk © who wrote (9480)2/6/2006 10:52:42 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
BTW, I just closed out those two March 1275 Calls at 15.9, it cost me two tenths of a point (.2), no big deal, I decided I'll just cover the contracts on my regular spiral stop... I think being long those options is a real sucker's game...

GZ



To: Kirk © who wrote (9480)2/6/2006 12:50:53 PM
From: Walkbarr  Read Replies (1) | Respond to of 12411
 
The up tick rule does not apply to futures.

10% is 120 points on the SP.

Not for sure if its every done that.