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Re: Globex S&P



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I can't recall.  All limits were changed upward recently.  Frans, just
noticed the 30Y Tbond.  Dec basis traded 32280 contracts in the
afternoon, 24177 contracts at 12:20 cst. Opened at 127^04, reached a
high of 127^28.  Now at 127^08.  Lots of shorts must have covered this
afternoon. May be setting up for a move down?  Can think of lots of ways
to commit financial suicide other than standing in front of THAT train.
Glad to see someone else is up at this hour.

Al Taglavore

derksenf wrote:
> 
>  I just realised: + 2140 ... Is there no limit up/dwn on Globex ??
> 
>  Frans
> 
> At 21:32 31-08-98 -0700, you wrote:
> >Are we aware that the S&P is trading up 1240 on Globex at 9:25?  This is
> >a strong move after the pasting it took today.  "V" bottom ala '87?
> >Comments?
> >
> >Al Taglavore
> >
> >