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

To: SE who wrote (14543)	2/2/1999 5:20:00 PM
From: Gersh Avery	Respond to of 44573

Hi Scott .. more math: spoo sold off between 4:00 and 4:30 again, but not as much as yesterday. For Wednesday, February 3, 1999 For Execution of Buy/Sell Programs Our computers are set for program buying at $7.86 and weighted for AIG, AMR, AXP, CB, CI, CMB, DAL, DOW, EK, GT, IBM, MRK, SGP, U and UAL; and set for program selling at $3.32 and weighted for BAX, FDX, GM, HWP, KR, and MCD. Our FairValue is $5.58. quoted from: programtrading.com So then .. SPX.X (cash) closed today at 1261.87. So neutral, as far as the buy/sell programs go, is 5.58 + 1261.87 = 1267.45 Globex session opened at 1265.30 Program sells are set to fire off at 1261.87 + 3.32 = 1265.19 So then, if Globex shows lower than -11 at the open the sell programs are triggered. At this time I show current spoo at 1263.80. Well into the sell area. Gersh