Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Follies who wrote (19377)	5/28/1998 3:06:00 PM
From: Oeconomicus	Read Replies (1) of 94695

Guys, as I understand it, the 50 point "curbs" restricts the use of the automated order execution system for program trading. Doesn't stop them from trading, just makes it a tad tougher to execute. I don't think it would be reasonable (or wise) to shut off what are really just arbitrage activities just because the market has moved 50 points (or 500 points for that matter). Bob

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