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S&P margins



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Looks like margins haven't increased yet on the S&P Futures but many more
days like Tuesday and Wednesday I believe it might soon. Hundred points
ticks are tuff on the nerves when you had to much coffee. Quotes in real
time were useless most of the day in the S&P with fast markets and 50,100
point ticks the norm gives new meaning to the word slippage. Merc may have
to invent a new stop order in the S&P something like "SIS", Stop It
Somewhere..

Robert