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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: bobby is sleepless in seattle who wrote (49879)6/8/1999 7:15:00 PM
From: JeffA  Read Replies (1) of 90042
 
Hey Bobby!

How's it going? I had quite the uneventful day. Tried for ELNK cheap, too cheap. Oh well next time. Right now futures looking for positive opening.

Anybody answer me this?

CNBC says fair value(?) is 1.10 Buy programs kick in at 2.15 sells kick in at 0.55. Futures spread is 2 above fair value which indicates positive opening. This is a big HUH? to me. Anybody know the translation from "Streetese" to English?

TIA
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