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To: AlanH who wrote (52136)	9/10/1998 9:26:00 PM
From: B.REVERE	Read Replies (1) \| Respond to of 58727

S&P Futures----The spx closed at 980 @4pm. The futures continued to trade until 4:15pm when they closed at 970 or ten below fair value. When the futures opened up again they used the 4:15 closing price as the starting point to measure the +/- totals. Therefore 978.5 is now +8.5 to the closing futures but -1.5 to the cash. The market reversed on Intel's pre-announcement but I still feel that the uncertainty over Clinton will outweigh this and end down for the day. Of course, if AG sticks his hand in the treasury cookie jar again, and buys out the futures that could save the market. Of course that would be illegal, but then again who nominated him? Later, BR