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My apologies for the tardiness, but there was a little ice storm that came
through KC last week that left some of us (25% of the city) without power
for several days.
Short ESH2
Long Crude CLH2
Long Silver SIH2
Long Pound BPH2
Bob Heisler
----- Original Message -----
From: <I4Lothian@xxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, January 31, 2002 5:10 PM
Subject: X-Fund - O-Fund Launch Update
> Tomorrow morning the X-Funds officially launch at the CBOT. The following
> are the first two official X-Funds.
>
> CBOT X-Fund 1 (Ticker Symbol X1G2)
> Short March Ten Year Notes (105-28)
> Long March Two Year Notes (104-22)
> Short March Soybeans (430 1/4)
> Long March Wheat (286-0)
>
> **** Margin of $1485/$1100
>
> CBOT X-Fund 2 (Ticker Symbol Y1G2)
> Long March Soybeans (430 1/4)
> Short March Soybean Meal (151.70)
> Short March Soybean Oil (1514)
> Short March Corn (206-0)
>
> ***** Margin of $473/$350
>
> 'The X-Funds will start with a balance of $100,000 and fluctuate up or
down
> in dollar terms versus the gains or losses of the component positions from
> the closing prices of today, which are in parenthesis.
>
> Today we pick the first of the official O-Funds to run head to head with
the
> X-Funds. Tomorrow is the last day of the second practice round of
O-Funds,
> so there is a slight overlap that is a one time occurrence.
>
> My randomly picked O-Funds for the official launch are as follows:
>
> Long March Coffee
> Long March Ten Year Notes
> Long March Japanese Yen
> Short March Cotton
>
> Mark Brown's first official O-Fund will consist of the following:
>
> Long March S&P
> Long March Nasdaq
> Long March Dow
> Long March Dow
>
> The X-Funds rules allow for the trader to pick a total of 4 positions and
you
> can pick the same market more than once, which Mr. Stock Market Bull Mark
> Brown has done.
>
> The other shadow O-Fund managers are Bill Wynne, Barry Viljoen and Bob
> Heisler. There is a six person I have invited, but we shall see if they
post
> their picks this round or not.
>
> The results for the second round of the O-Funds have shown some very
volatile
> results because of the action in the stock market. As of the close today,
> Mark Brown was back in the lead for the second round. This does not count
> the first round results. Mark's O-Fund showed a gain of $2316.25 as of
the
> close today.
>
> Barry Viljoen was next, with a gain of $1025 as of today's close. My
> randomly picked component contracts were up $446.88. And Bob Heisler's
> showed a loss of $1233.75. Last was Bill Wynne at a loss of $3893.75.
>
> My letter today showed Bill with a $48,750 loss. That was a typo. He
showed
> a loss of $487.50 as of the close yesterday.
>
> I would like to remind people again that this O-Fund thing is just an
> exercise for discussion purposes and these are not to be considered
> recommendations to buy or sell futures contracts.
>
> Regards,
>
> John J. Lothian
>
> Hypothetical performance results have many inherent limitations, some of
> which are described below. No representations are being made that nay
> account will or is likely to achieve profits or losses similar to those
> shown. In fact, there are frequently sharp differences between
hypothetical
> performance results and the actual results subsequently achieved by any
> particular trading program. One of the limitations of hypothetical
> performance results is that they are generally prepared with the benefit
of
> hindsight. In addition, hypothetical trading does not involve financial
> risk, and no hypothetical trading record can completely account for the
> impact of financial risk in actual trading. For example, the ability to
> withstand losses or to adhere a particular trading program in spite of
> trading losses are material points which can adversely affect actual
trading
> results. There are numerous other factors related to the markets in
general
> or to the implementation of any specific trading program which cannot be
> fully accounted for in the preparation of hypothetical performance results
> and all of which can adversely affect actual trading results.
>
> Past results are not indication of future performance. Information
provided
> on this website is intended solely for informative purposed and is
obtained
> from sources believed to be reliable. Information is in no way guaranteed.
No
> guarantee of any kind is implied or possible where projections of future
> conditions are attempted.
>
> Since futures and options may not be a suitable investment for everyone,
and
> the risk of loss can be substantial, investors should consider their
> financial condition when deciding whether to trade.
>
>
>
>
>
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