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Technically speaking (not real world) using Only a very simple MACD
(3/12/7) on say a 25 tick chart 'wudda' been very profitable from the
open through about 10:27am,being short from the open and reverse to long
about 09:15.
As Tim and Andy mention,probably not a 'doable' for most.
Andy wrote:
>
> : My floor broker in the Nasdaq futures tells me that conditions are so poor
> : today, he isn't even willing to trade for his own account. The off-floor
> : traders that normally trade 20-30 lots at a time are either trading 5 lots
> or
> : smaller now or are off the entire week because their children are off from
> : school until Monday. And the larger CTAs that normally are always in the
> : markets have not been seen since last Thursday.
> :
> : It's very thin out there. Be careful if you choose to trade in these
> : conditions.
>
> Don't forget that some houses have raise the margin. CME's margin
> requirement is $38K for initial for ND while Refco/LFG and EDF Mann requires
> $60K per contract for initial, $48K for maintenance. And then forget the 10
> point spread between the bid and ask, as well as it's only good for 10
> contracts. I know that the ND's have always been thin but this is
> ridiculous.
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