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To: Tom Kearney who wrote (6500)4/18/2001 2:16:26 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 57684
 
What's going on with the Naz futures? Someone posted theyre locked. What does that mean???


Tom,

The Naz futures are way up which I consider to be great. They are up 42. I do not know what fair value is but regardless they are way up. I am not sure but I bleive up 80 or around there is the locked limit. I am not sure they are locked up. I could look for the limits but I do not know where to start nor currently have the energy to bother. It sure feels good having the futures that strong.



To: Tom Kearney who wrote (6500)4/18/2001 8:19:42 AM
From: Bill Harmond  Respond to of 57684
 
To me it means that they're trading up the daily limit with conviction. I think the term is "they're locked limit up."

42 points is the limit.


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