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Another instance Friday where the ZG showed its sloppy character. The bid
essentially disappeared around 10:42 ET. Bid-ask spread went to 1.20, while
GC showed 1 tick the whole time. ZG dropped to 676.8 while GC was solidly
bid at 678.00.
I guess this shows how much volume the margin drop didn't buy them. If they
don't get some warm bodies in there, they could drop the margin to 50 cents
and still nobody will trade it.
Best,
Chris
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