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To: IceShark who wrote (32492)4/11/1999 10:30:00 PM
From: John Pitera  Respond to of 86076
 
we are, It cann't go down more than the nightly limit. No stair-step.

It can be bid up off of the lower limit and then it trades as long as some-one will buy above the lower limit. It's possible to be lock-limit down and then have the globex rally and end positive in the morning....This has never happened, as far as I know.