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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 (20785)	4/12/1999 10:08:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

About all I can say, is glad I am not trading these last couple weeks. This is insane.... -scott ------------------ We apologize for any inconvenience this matter may have caused,there is once again a problem with the TOPS to Globex connection with the E-Minis. Currently we are only accepting Market & Limit orders on the E-Mini until further notice.

To: SE who wrote (20785)	4/12/1999 10:11:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Actually, I read your post and was not aware of the drop. So at 6:54 EST I put in the buy because of two things. First, the critical break is 1320/25 on the Cash and it was 1336 on the Spoo, roughly 1326 on the Cash. Second, if I recall correctly, the Circuit Breaker stops after the first break on Globex. The Low Tick could not get much lower so I threw the Order in and knew I was done somewhere between 1330 and 1337 and reasoned that was relatively safe. Safe because I guessed the Support at 1320ish Cash would bounce it a tad this morning. Looks like I just Sold half the position at 1346.50 so I'm able to take a hit down to 1324.50 without losing on the trade. If the spoo gets to the mid 1320s I would be out anyway, as I would guess Support was broken and a sharp Southern Ride is in the cards. The pattern is setting up to be a messy day. I was much more optimistic when I was posting to Bob.