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

To: Follies who wrote (27382)	9/11/1998 12:23:00 AM
From: Gersh Avery	Respond to of 94695

Dale it's been a very strange evening. I think what may have happened is that just after close of stocks today the S&P futures dropped ~10 points to their close @4:15 EDT. So .. the fair value of the futures is actually about 10 points off. I think this may have been done to the long future holders of the Sept. contracts (last min burn). So then .. I believe that the Dec futures will have to be up ~10 in the AM *just to be fair value*. It's getting late .. I probably just confused everybody .. night all .. do we try the new circuit breakers tomorrow? Gersh