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


To: Monty Lenard who wrote (25146)8/25/1998 12:42:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Monty; Volatility is the name of the game now, so far it looks to
be pumping the way it did yesterday, and while the tick is negative
at this time, the futures are about $1 above fair value.
This is I take as the index arbitrage system at work, for all
the index racketeers.
Jim



To: Monty Lenard who wrote (25146)8/25/1998 1:16:00 PM
From: Terry Whitman  Read Replies (4) | Respond to of 94695
 
Also noticed that the tick has been on a negative slope since a few minutes past the open. Indexes are forming a rounded top now. Expect an afternoon sell off. BWDIK.

TW