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

To: Chip McVickar who wrote (12539)	1/12/1999 3:11:00 PM
From: GROUND ZERO™	Respond to of 44573

It's way oversold, but I think the selling ought to stop at DOW 9150 or so, if it gets there.....I still netted a total of about 42 points on the SPH since I had so many contracts...wheeeww!!!!! GZ

To: Chip McVickar who wrote (12539)	1/12/1999 3:12:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Further FYI: 2.5% Limit move is down only. Once a limit offer has been established, trading can occur at or above this limit for 10 minutes or until 2:30 p.m. Chicago Time (CT). Trading will halt for two minutes if the primary futures contract is limit offer at the end of the 10 minutes or at 2:30 p.m. Before 2:30 p.m. CT, trading will resume with the 5% limit in effect; after 2:30 p.m. CT, the 10% limit will be in effect. ---------- If they are planning on playing games, it is being set up nicely. Limit down at 2:30 halts trading for only 2 minutes and then instead of 5% limit in effect, 10% is in effect. Wouldn't that be something to see.....more than 27 points in a half hour! :) No I am not proposing this as a realistic possibility. But something that would be interesting....