Re: Price Quotes in 32nds

["Lionel Issen" <lissen@xxxxxxxxxxxxxx>]

I figure the profit at 3.5 32nds.  Its a 
matter of getting familiar with it. (104.5469 - 104.4375 = 0.1094)
1/32 is .03125.
Actually decimals are usually easier to 
handle.
Hope this helps
Lionel Issen<A 
href="mailto:lissen@xxxxxxxxxxxxxx";>lissen@xxxxxxxxxxxxxx
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Randy 
  Barlow 
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Thursday, June 21, 2001 3:55 
  PM
  Subject: Price Quotes in 32nds
  
  I am having a hard time deciphering the value of 
  quotes in the 32nds.  Example: Ten Year Notes.
  If I purchased one contract at 104.4375 and the 
  current price is 104.5469, what would be a simple way to tell what the 
  profit/loss would be?
  Thanks
  How Long a Minute is, depends onwhich side of 
  the Bathroom Door you are on.