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Strategies & Market Trends : S&P Index Futures (Daytrading SP) -- Ignore unavailable to you. Want to Upgrade?


To: VALUESPEC who wrote (129)12/19/1997 2:19:00 AM
From: ratan lal  Read Replies (1) | Respond to of 350
 
VP

you were right on with your prediction for this eve. But I hate to trade in Globex because it is thinly traded and bid and ask sometimes has 1 point spread. I am better off waiting for trend to establish tomorrow and then get in and out for 1 to 3 points before it changes.

AS of 2:17 am est, I see reds all over the world. HK down 3.23%; Japan down 5.71%; Korea down 1.11%; Brazil down 3.76%; MArch S&P 855.60 down 9.30.

You are probably right for the downward bias for the rest of the year.

till tomorrow

ratan