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[RT] Re: m3 update/sp500 update



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hello attach is current m3 money supply
sp500  today should be last day down
happy trading
Ben
----- Original Message -----
From: <I4Lothian@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 17, 2001 7:00 AM
Subject: Re: [RT] Leverage Capital in Soybeans


> In a message dated 7/17/01 4:32:06 AM Central Daylight Time,
> nwinski@xxxxxxxxxxxxxxx writes:
>
> << I
>  think the time for Beans either has arrived or it is just around the
corner.
>  Forget high tech stocks. It's time to buy Beans for the kid's college
fund.
> >>
>
> ****** I would not consider a "kid's" college fund to be risk capital.
The
> money used to speculate in futures should only be risk capital, money you
can
> afford to lose.  Savings for college would not apply in my book.
>
> ****** If you were a broker and put out that recommendation you would be
> opening yourself up to all kinds of litigation should the recommendation
not
> work out to the client's satisfaction.  Litigation you would lose.
>
> ****** Many brokerage firms will not even accept accounts under the
Uniform
> Transfer to Minors Act, which is how you would have to set up an account
if
> the money was in the minor's name.
>
> ****** Perhaps you were kidding, thus the <G>.  I don't think this medium
is
> clear enough to express such nuances accurately.  Thus, I think your
> statement is at best ill conceived and at worst highly inappropriate.
> Nothing personal Norman, but what where you thinking?
>
> Regards,
>
> John J. Lothian
>
> Disclosure: Futures trading involves financial risk, lots of it!  John J.
> Lothian is the President of the Electronic Trading Division of The Price
> Futures Group, Inc., an Introducing Broker.
>
>
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