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To: Joseph G. who wrote (7215)9/29/1998 8:00:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
"Fed model"

J, well at least they are not chasing their tails around on mechanics when they don't have a clue to the assumptions. However, my original comment still stands in that there is a very concerted effort going on to prevent the music from stopping.

Globex looks like it is getting a cold, if I knew closing fair value of SPX I could judge how much. -g- Then there is the NDX which I've never seen such a calculation of. That seems to be looking even sicker, although I don't think Globex trades too many of them so it is a thin and distorted quote.

Regards, IS