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--- In realtraders@xxxx, "EAdamy" <eadamy@xxxx> wrote:
>
> ----- Original Message -----
> From: <support@xxxx>
> To: <eadamy@xxxx>
> Sent: Thursday, May 10, 2001 9:23 AM
> Subject: CHANGE IN STOCK INDEX LIMITS MAY 13
>
>
> > Effective Sunday evening, May 13, the CME is eliminating the 2.5%
circuit
> > breaker for Stock Index futures.
> >
> > During Globex trading, the maximum movement will now be 5% in
either
> > direction. That will be 55.00 points instead of 27.00 points in
the S&P
> > 500 and E-Mini S&P 500, and 85.00 points instead of 42.00 poiints
in the
> > NASDAQ 100 and E-Mini NASDAQ 100. Similar adjustments will be
made in all
> > other CME Stock Index contracts as well.
> >
> > During Regular Trading Hours, the first down circuit breaker will
now be
> > 5% instead of 2.5%.
> >
> > For further information, visit the CME's web site at
> > http://www.cme.com/clearing/slg/slgadv/cm0126.htm.
> >
This is the begining of faster, stronger and smarter swings. Keep
your seatbelt on all the time, unfortunatley a lot will hurt badly
and get out of the market for good. Are you ready guys :-) ?
Haytham
> >
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