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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (19613)6/2/1998 10:24:00 AM
From: Follies  Read Replies (2) | Respond to of 94695
 
Sorry, can't give you 1090. To avoid front running when the futures are up you get the trade at 9:45 EST or 1098.

Message 4631397

The other rule which may affect decisions is that you are only allowed one trade per day which gives you NO game points. This is to prevent someone from going long at say 1095. SPX drops to 1090 and they say okay I'll go FLAT (No points) and then immediately go long again. The market drops to 1085 and they say okay I'll go flat (again No points and therefore not allowed) and long again. That way someone could guarantee getting the low of the day.