SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Ask Mohan about the Market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jodi Segal-Lankry who wrote (11845)12/18/1997 9:31:00 PM
From: Bilow  Read Replies (2) of 18056
 
During the day, the S&P index is calculated of course, and the
futures tend to follow it. The tendency is for the future to trade
at a premium to the cash, the reason is the cost of arbitraging
the difference, I think. For distant futures, the premium can
get amazingly high.

A lot of things could happen between tomorrow morning and
now, but the night traded S&P futures are a pretty good
prediction. At least as good a predictor as yesterday's price. :)

I'm showing S&P futures at something like 956:
cme.com

-- Carl
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext