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Hi Dennis!
thanks for the the info but I still don't get it. Is anyone actually able to
get the artificial "fair value" closing price on a real trade? What "error"
is it supposed to fix? For some reason I don't like the idea that the price
needs fixing by artificial means. As if the free market is "incorrect". Sure
it jumps around a bit after stocks close. That's because that's what it's
worth at the moment. That's why there's limit orders.
Best rgds
Phil
----- Original Message -----
From: Dennis Holverstott <dennis@xxxxxxxxxx>
To: Phil Lane <patterntrader@xxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Friday, June 30, 2000 3:52 PM
Subject: Re: Market Manipulation for some officially sanctioned reason I
preume
> where ya been, phil? :-)
>
> http://www.cme.com/news/00-51settlement.html
>
> ps - while we are doing end of quarter stuff, don't forget that they
> revise the limits each quarter. i just checked and they are unchanged
> for the spoo but the naz limits are smaller.
>
> http://www.cme.com/market/riskman/pricelmt.html
>
> --
> Dennis
>
>
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