I finally realized why emg allocates $100,000 per ES (S&P 500 e-mini futures contract). Even at a high of 1600, the *total* contract value is 1600 * $50 = $80,000.
By allocating $100,000 per contract on a $500,000 account and 'scaling in' between now and doomsday 2014 on a position of -5 minis, you too can stay solvent! It's the ultimate martingale.