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Bob:
The $10 Dow contract is also currently listed electronically. It trades side
by side with the pit and overnight. I agree, the $5 contract will be a
welcome addition.
Actually, the $2 contract is rather liquid. It is a useful tool for scaling
into and out of positions and quite frankly there is enough movement in the
Dow for even this contract to work.
Now we have all four. Plenty of choice for everyone.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
In a message dated 3/21/02 6:08:23 PM Central Standard Time,
Bheisler@xxxxxxxxx writes:
<< The $2 version released previously was a joke and destined to fail as we
discussed on the List. I was hoping they would just make the $10 contract
electronic once they saw the error of their ways, but this $5 one may have a
chance. >>
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