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To: michael who wrote (4273)4/27/1998 6:59:00 PM
From: thebeach  Respond to of 18016
 
Correction and no disrespect intended,S and P futures are not down 5 ,they are only down decimal 5 which basically is flat.We closed down a bunch today on the cash side so I expect fair value to be at a discount in the morning.We could be down on the futures a bit tomorrow and still be in an upward bias by the time we open at 9:30.