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To: cAPSLOCK who wrote (23673)12/1/1998 11:41:00 AM
From: Zardoz  Read Replies (1) | Respond to of 116764
 
It's a lack of liquidity in the near expiration future{Dec}... so the spot is being bought to cover a short open interest which is being squeezed. {as of posting:Vol 4767, OI 3693} If you looked at the Feb future, 47,000 contracts traded today lower than yesterdays close of $295.10. So extreme caution should be used.

This was forwrded to me.