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Re: S&P 500 contract confusion



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>I have been reading George Angell's books, and he always 
says that 1pt = $500 [used to be], but my broker tells me 1pt = $250 (I am 
referring 
to a point as a full pt. ie: 1401 to 1402 for instance).

My broker also told me that the e-mini per full pt. is only $50, but some 
of my books say $100.<

Your broker's right.

$250/$50

Bill Wynne 
SmartTrades.com