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

To: Patrick Slevin who wrote (18281)	3/11/1999 12:07:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

I think we see a spike. The volume has dried up. I think that means, no new buyers at this point, but very few sellers as well. This does not indicate to me a market that is going to retrace much, but will spike up as soon as they can get it moving a tad. Take out the early shorts first, then let it fall back....

To: Patrick Slevin who wrote (18281)	3/11/1999 12:09:00 PM
From: SE	Read Replies (3) \| Respond to of 44573

The CME needs a new system. The one they have currently is a piece of junk. You would think they could afford a decent system....however, that is probably not in their best interest. They probably don't wish electronic trading to succeed. Subject: CUBS DOWN Date: Thu, 11 Mar 1999 11:02:46 -0600 The CME reported as of 10:55 am that the TOPS to CUBS connection has failed. All S&P 500 orders will now be routed to paper at the edge of the pit. Please be aware of the fill reporting delays inherent in this situation. We recommend the use of Market Orders whenever possible for the rest of the day. THIS ONLY IMPACTS THE S&P 500 FUTURES FOR JUNE, 1999.