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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 (19126)	3/23/1999 3:26:00 PM
From: SE	Respond to of 44573

Yes, but our basis is 1263 SPOO (June contract). That is OK. This coming rally will get those meager points back and put us back in the good graces of the collector..... ABout to SAR the rest....SPX just broke 60. EDIT - Sar's at 71.00. Lost 8 points per contract on those or 64 points. SO we are now at down 64+72 or 136 points. Our average basis buy in long was 71.50. Let's add 8.5 for the amount we are down and our new breakeven basis on this load is 1280.00 even basis SPM! Long and strong. Let's rock. Now all we need is the GZ factor and we are deadly man, just deadly!