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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (43514)5/19/1998 2:08:00 PM
From: ratan lal  Read Replies (1) of 58727
 
Patrick

That 1 point drop in SP8M was because the diff. bet. cash and futures was 5 instead of 4. I saw that coming but didnt feel 1 point was worth the risk if fed announcement made this market move up. And I believe that was the reason for the 5-point sread.

ratan
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