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To: Marc Newman who wrote (8633)3/20/1998 8:59:00 PM
From: pack  Respond to of 27307
 
For today's expiration, the pain point was 80 with the difference between 80 and 85 being negligible. So the close at 83 was notso surprising. The pain point for April is way down at 50. While it can change rapidly, I think we can expect a lower close on April 19th as the funds who rode this up take their profits.


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