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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (94934)	4/16/2001 9:23:52 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Futures are down...they ran 'em down in the 15 minute run off period after the close after Sicko announced. Check the NDX and SPX closes against the futures. ie, NDX closed at 1650, future ran down to 1630 during the run off, and have stayed there. Futures mean squat untill maybe 15 minutes before the opening anyway.

To: limtex who wrote (94934)	4/16/2001 10:13:25 PM
From: AllansAlias	Read Replies (3) \| Respond to of 436258

Don't take this too harshly, but one of the things that many here find offensive are folks who do not take the time to research how the various markets work. Futures trades for a period after the equity markets ring the bell before they fix the "closing" value. So, the thing to look at is where the futures closed at the end of equity trading (another measure is "fair value"). So, at the end of today the NDX futures big contract, closed at 1662 and the spoos closed at 1186.50. Not bothering to study the most basic mechanics of the markets is clownish.