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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (18031)	5/6/1998 2:31:00 PM
From: Oeconomicus	Respond to of 94695

Dennis and Lisa, "print basis" means that the index, calculated at a given point in time, reached the quoted level. In other words, if you watched the Dow all day, the print high is the highest level you actually saw. This is different from "theoretical basis" whereby the high would be the index value calculated based on the individual highs of each stock in the index. You would never actually see that value quoted during the day unless all the stocks traded at their highs at the same time. Favors distinguishes the two because he does use the theoretical highs and lows for some analyses. He was asked the same question on CNBC a few weeks ago. Bob

To: dennis michael patterson who wrote (18031)	5/6/1998 2:48:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Don't know about Liscio, but there has been no AG telegraphing (that I am aware of) of a rate hike, so there will be no rate hike, at least this go round. Would you wan't the popped balloon to spill all over you -g-? specially considering what this balloon is full of. Deflation, Inflation, Deflation, Inflation. What the heck is goin on here???? This to and fro stuff and all these ABCDEFG's are making my head swim -g- bwdik, bobby b.