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To: Kailash who wrote (13271)2/28/2000 12:35:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
K, as stocks fall into an expiration delta hedging contributes to the decline, and vice versa if they rise. derivative related strategies have magnified moves in the market a lot.
i did notice what's happening with gold...approaching important support here, the XAU as well...