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To: SecularBull who wrote (62632)8/31/1998 5:06:00 PM
From: Lee  Respond to of 176387
 
Dec bonds up ^19 too and I bought puts today!!!

cme.com




To: SecularBull who wrote (62632)8/31/1998 5:08:00 PM
From: Dell-icious  Read Replies (1) | Respond to of 176387
 
That is the worst thing that could happen for tomorrow. We need a negative open, to have any chance of finishing in positive territory for the day. Any rally at open will get swiftly killed within an hour or two from open.
Dell-icious



To: SecularBull who wrote (62632)8/31/1998 5:22:00 PM
From: Craig Schilling  Read Replies (2) | Respond to of 176387
 
I don't want to pick on you but maybe some others will read this and get a better understanding of the futures market. Up or down futures when the market is not trading is irrelevant, you have to know what fair value is to know if there is a push up or down when the markets reopen. With the heavy down day today futures will have to be up in the plus 10-15 area before they can move things up at the open tomorrow so if you see them in the plus category now that isn't necessarily a good thing.

Too many people just look to see if they see a positive or negative in the morning and then trade on that. CNBC has really screwed a lot of people by posting the futures in the morning but I guess if after enough people keep losing money they'll finally get the drift.