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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: longdong_63 who wrote (3608)9/7/2000 12:17:20 PM
From: Louis V. Lambrecht  Respond to of 100058
 
LD - futures:

Fair value for Sep futures was about 6 pts above NDX cash or 3843.
Dec fair value was 3900ish, or 62pts above cash.

Last week they could mentally substract 5-7pts from the futures in order to estimate cash value of the NDX.

After the change of the front quarter:
- yield to cash will be 10* higher
- they will have to calculate again.

Influence of the front quarter change is psychological, a surcharge of the mind's of the traders.LOL.
But one of the factors that make triple whitching a volatile week.