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An interesting clue that the S&P was going to have another leg down after the
initial losses overnight was the explosion in volatility of bond options
today. IMO.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
In a message dated 8/27/98 11:02:19 AM Central Daylight Time,
ktata@xxxxxxxxxxxxx writes:
<< RTs,
Everybody short?
So, do you think this will get everyone scared enough to cause a rally, or
are we in for even more? I barely dare to hope for more downside, it's been
so nice...
PG >>
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