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<x-html><html><head></head><BODY bgcolor="#FFFFFF"><p><font size=2 color="#000000" face="Arial">This is my first posting and with all that has been going on with negative feedback and personalities, I'm wondering if this is a smart thing to do. Anyway, here it goes:<br><br>I'm following December Live Hogs and my wave counting indicates that a Wave 2 Correction should finish tomorrow (Thrs 10/30) with a subsequent significant impulse Wave 3. <br><br>Tomorrow, I'm going long Dec Hogs. Anyone else?</p>
</font></body></html></x-html>From ???@??? Wed Oct 29 16:21:07 1997
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Date: Wed, 29 Oct 1997 17:29:14 -0500
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From: "Tom Alexander" <gta3@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: URGENT: EMini S&P 500 fill limit
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Stuff like this is the tip of the iceberg for those brokers advertising
they'll take stops, and for their clients naive enough to take the bait.
Anyone that has full understanding of the mechanism on which this contract
trades should realize it is totally unrealistic to expect a broker (or even
worse a brokerage desk) to try and work stops that have to be manually
entered AFTER the stop price has been hit, not to mention the fact that
there could well be stops on various prices all over the place for
different accounts.
If you are one of the many trading the mini (sorry, couldn't resist that),
you had better know what you are doing and what to expect. It doesn't
appear that most (or at least some of the most visible and aggressive)
brokerages care whether or not their clients are fully informed.
Regards,
Tom Alexander
----------
> From: Visavis <Visavis@xxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: RE: URGENT: EMini S&P 500 fill limit
> Date: Thursday, October 30, 1997 12:57 AM
>
> At 02:37 PM 10/29/97 UT, Tom Stein wrote:
> >While the following is correct "The main problem here is that the e-mini
> >system does NOT accept market orders, they must be limits."
> >
>
> 1. Market Order is available as mentioned in the website of CME, take a
> look at http://www.cme.com/market/globex/ord.html . I just don't know
and
> can not find anywhere where it is mentioned.
>
> 2. My broker Jack Cark's October monthly margin requirement letter had
> their own advertising at the back that printed at the end says: "We
accept
> Market Orders and Stops too. Of course, Jack Carl accepts market orders
> and stops in the Mini S&P500 (we've heard that many firms do not). And
> with Jack Carl's years of experience, you can be confident that your Mini
> S&P orders are in good hands." So how does this mean? I just need some
> other Jack Carl customer on this list to confirm it so that all of you
> would believe on me.
>
> So far, I had been trying to call them even up to their sales supervisor
to
> complain but was being put on hold and ask to call back or they would
call
> me for several times already. Looks my patience would run up to this
> weekend only. Then if I am not satisfied by their answer I will then
file
> a complain against them at NFA and CFTC.
>
> Anybody connected with Jack Carl here? So that you can relay this
message
> to their head!
>
> Sorry for my nuisance to all those who don't mind.
>
> Thanks!
>
>
> :__________________________________:
>
> Warm Regards!
>
> Visavis
> Visavis@xxxxxxx
>
> :__________________________________:
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