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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (607)	5/14/1998 8:29:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

Yes, it stayed range-bound most of the night, but over the last few minutes dropped just over a point. Now at 1119.80 I believe I shall wait, either for the Globex close, or RTH open, to make a decision. ~~~~~~~~~~~~~~~~ I received the following snip from a CBOE MM early this morning....his opinion of course. VIX closed at 21.10 today......posted a low of 20.51 today. Last couple of times when we've taken out 20 % the market has sold off soon thereafter. Should be an truly interesting expiration Thursday and Friday. Volume has been modest so far this week. Today was the first day with volume over 1 million contracts at CBOE. With volume modest I expect most of the rolls to occur in the last two days. We could see some sizable movement late in the day Thursday and if volume stays light ....late Friday could be very volatile.