S&P 500 Futures Trade Give 3 Points After Easy Fill
Monday, 08. May 2006
S&P 500 futures trade was easily filled at 1330 with 2 contracts. Size was reduced in the event we short at higher levels and need to hold this position. Our initial target is 10 points although, we would like to hold for more. Todays volume was 425K versus the 50 day moving averarge of 873K. Things are likely to be somewhat quiet until FOMC announcement on 5/10.
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