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To: ViperChick Secret Agent 006.9 who wrote (36299)	3/7/1998 8:34:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

1042 was approximately where the Globex closed Friday morning, Whatever time that was. As I have read in more than one place that Globex closes at 8 CT, it's my story and I'm sticking to it. That page you referenced already has ambiguity on the Friday trading issue. In any event, I already e-mailed the CME and put out an e-mail to some CME traders I am acquainted with to hit the proper number. Because I don't trade Globex and probably very few SI readers do trade it, this issue is inconsequential to me. Personally, Mark Haines means nothing to me one way or the other. If his head were to implode on National TV I would not even get to see the show, as the few minutes a week I watch "stock market TV" I watch Bloomberg. I prefer seeing news on a ticker without the "spin" a fellow reading it off a teleprompter may or may not put on it. CPQ would not have dropped the spoos 1500 points in 20 minutes. They may drop rapidly on Monday, but even the INTC news took until 2:30 CT Thursday to go lock down. Lock down, or Lock Limit Down, is when the future or commodity hits a downside limit set by the exchange. S&P limit is 1500 points. It is not really "Locked" Limit Down, I suppose I am oversimplifying a bit. Because it is allowed to continue trading after a 5 minute breather. I believe the next limit is 30 and so on. They change them once in awhile. In a commodity market something that went lock down would stop trading for the day, if I recall correctly. I am not an expert, I only trade the futures so there are terms and nuances that I am more familiar with than one who trades only stocks would know. I would imagine that at first, trying to understand commodity terms may be a little like trying to understand the aliens in "Mars Attacks". 1057.20 vs. 1057.30, does not bother me much. My pointing out the number was to say that it was not 1042. The 10 point difference may be due to an error by a reporter, maybe that's the final bid side, or maybe my data provider has an error. Of course, the provider gets the quote directly from the CME, but having one more middle(wo)man in the mix can mess things up, I would suppose.