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To: Lee who wrote (45262)	6/8/1998 3:51:00 PM
From: Patrick Slevin	Respond to of 58727

I guess the Employment numbers on Friday put a twist into the recent pattern..... The SP8M is not long for this world.....I think September becomes the front month during Thursday's session if I recall correctly. As for last night's Globex session I don't think it did too much, although I know the more serious E-Wavers pay attention to it and some pattern jockeys as well....but the volume on Globex is usually equivalent to about the first 5 minutes or so of RTH trading from what I'm told so unless there is serious external fears/news I don't get it....Certainly if it is trading away from the prior close several points we will get a gap open but that gap could either be quickly filled or (in the case of external news) have existed anyway. One edge, knowing where ETH (Globex) closes at least one has a feel for AROUND where the RTH open will be (for those who like to fade the opening gap).