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

To: Jerry Olson who wrote (10327)	12/15/1998 12:16:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

I was speaking of the Futures; For example they are at 8806 right now; Selling one and covering at 8796 equals a $100 gain less commissions. It's a rather blah, conservative trade but not overly risky. I don't know what the DJX keys off; there are so many new instruments I can't keep track. I guess it just tracks off the DJIA the same way OEX Options track off the S&P 100. I do remember there is something that does not quite look linear using the DJX Options.....maybe it was the strike symbols....I can't remember. Soon as I looked at them I discarded the idea of trading them. Not that it's a bad thing to trade; I just don't need to learn a new language.