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Go to web site for Fair Value:
http://www.programtrading.com/fvalue.htm
James Semmons
At 07:48 AM 3/1/98 EST, DWBush wrote:
>Good Morning Everyone:
>
>I currently do not trade in the Futures Market, but have one question for
now.
>I hope someone can help me to better understand this point.
>
>Every morning I listen to BLOOMBERG radio and I hear the announcer talk about
>where the futures market stands, relative to overnight trading. He generally
>makes a comment like: "... futures are up 5 points; that's 3 points above
>fair value. This indicates a very strong opening on Wall Street."
>
>I hate to waste anyones time, but if someone would please help me understand
>"fair value" I would really appreciate it. I can't seem to understand what
>the relationship is here.
>
>Thanks ahead of time!
>Doug (Bush)
>
>
James Semmons with Eudora Pro Ver 3.0.5(32)
jsemmons@xxxxxxxxxxxx
http://members.sockets.net/~jsemmons
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