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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (11314)	1/19/2000 4:23:00 PM
From: Follies	Respond to of 15132

FYI, Those interested in USPIX. I think because they are primarily hedging in the pit, the share price follows the futures contract rather than the NDX itself. This makes little difference in the long term but could affect entries and exits. Yesterday, the futures tanked after the market closed and consequently USPIX was little changed, today however the futures and spot converged causing the futures to be up considerably more than spot and so I expect USPIX to be down a lot more. We shall see when they post their price.