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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (14103)11/12/1997 8:40:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
TT

my friend and west coast buddie.....

I have the utmost confidence the markets will do something in the AM...What?? i have no idea<g>..............................

I am currently slightly under the weather <g>

In fact I might under water too.....

Limit up would be good for a change :>}



To: Tom Trader who wrote (14103)11/16/1997 2:11:00 AM
From: Nayson Khoshnood  Read Replies (2) | Respond to of 50167
 
TT- Good news for you baby. How much is a S&P contract worth? It is 250$ since last three week not 500$-

A future trader should know this by heart. When you trade futures one's know how much a point is worth and what is at risk. You baby didn't even know how much of your money was at risk? and try to play with fire. Cut it short man. This is called as deciet, know it well you are flimsy like a paper tiger and your trades stink. Whom do you trade with who takes your orders without informing you of biggest change in history of S&P contracts.

This is pathetic to fool threaders about non-existent trades. Next time know about futures before you talk about them or write about them. Now don't come moaning that I made a mistake, S&P future trader cannot be unaware of change since last three weeks, either all your posts about S&P future's since last three weeks are paper trades or you like to impress people of trades which only exist in your minds.

Now stop fooling around and come clean. This is known as 'caught pants down' baby TT. You remember difference between cash and futures-SPU and SPX, it was also discovered by some of your friends on this same thread. Go back to your den where you can show off and no one knows about it on this thread BS does not work. I know you will say it was mistake or a typo, how about this one on Tech Stock option? The nest of all this ? Exchange e-mails well before you open your mouth.

To: Options Jerry (14092 )
From: Tom Trader Wednesday, Nov 12 1997 6:05PM EST
Reply #14103 of 14403

>>I'm holding calls and shares....nix to you!!!

Hi OJ--sorry if I came across as irrationally exuberant even as you were concerned about you long positions. I have some of those too--and they have been creamed--despite being protected with some OEX puts.

But as you know I am short the Dec S&P futures and it is already showing a healthy profit at this point--so the idea that they might open down 30 points is just too good to contemplate; remember that is $500 per point per contract.

Now may be they open down 45-70 points--ohh there I go being irrationally exuberant yet again:)

For all I know they'll end up opening limit up.
P.S.
I have been waiting for this lie to be discovered by great 'traders' and defender of TT on this thread, this guy TT does not know what a point on S&P is worth, it is 250$ not 500$ per point. He has not traded S&P options since last three week otherwise he should have known that S&P contract size is reduced to 250,000$/contract and a point is worth 250$. A trader who is trying to mislead on his trades and has no name and identity worth 75$ is caught badly. It is lies lies and damn lies. I know I have put my hand in hornets nest but this is the tip of iceberg the lies and backtrading posts will continue.