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Strategies & Market Trends : S&P Index Futures (Daytrading SP)

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To: Bottom Feeder who wrote (317)7/23/1999 8:04:00 AM
From: trion12   of 350
 
What is "fair value" and how do you use it?
I know it has something to do with the difference between the price of the nearest contract and the value of the S&P 500 stock index, but I would appreciate a proper explanation from anyone who knows.
As you can tell my understanding is hazy at best.

Thanks in advance.
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