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To: Michael Delugg who wrote (2785)7/25/1999 10:11:00 PM
From: Blue Snowshoe  Read Replies (1) | Respond to of 7442
 
Micky, Where have you been? Did Dave tell you to avoid us?

As for that other stuff don't worry about it. The McClellan oscillator is over rated and futures don't mean what they used to. Unless you follow futures they can confuse you as the futures can be down two but fair market is down four so it is and up indicator. "Fair market" changes so this is where confusion can come in.
As of late what the future do has had little to do with what the market did on many days.
I hope your Mother is feeling better soon. 909S2U BLUE



To: Michael Delugg who wrote (2785)7/26/1999 9:19:00 AM
From: Blue Snowshoe  Read Replies (1) | Respond to of 7442
 
RE: S&P Futures and fair market value. Futures are at -8.30, Fair Value is +2.84. (These are rough numbers). Fair value is what we need above or below previous finish to be even. So today is bad news as we need to be positive by +2.84 to break even and we have the S&P futures down -8.30.
So S&P says - 8.30
Fair Value is +2.84
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- 11.14 (or a down open)
Pre market open shows this as well. GNET in the high 60's AMZN at 110, etc. Techrider code: "Jimmy Mac, You've got a hairy back". Hope this helps, BLUE