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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1828)5/30/2000 2:02:00 PM
From: John Pitera  Respond to of 33421
 
Thanks Bob, The open interest is big and I do think it is
meaningful. The fact that we have so many hedgers,
speculators and others who have FF Futures positions
most likely mean we are closer to a turning point in Fed
Funds Futures, or a least a slowdown in price movement.

This is a subjective point of view.

John