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<DIV><FONT color=#000000 face=Arial size=2>Does anyone know the composition of
the "fair value" of a commodity, index, currency, etc.
Someone on this forum had mentioned that one of the exchanges or data providers
offers an opening "fair value" of the S&P. </FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2> I would like to know what
is the formula for determining the "fair value" of a
market so as to maintain a continuing record of this number so as to
ascertain when the price deviates from the "fair value".</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2>Many thanks for any
input.</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2>John</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sat Jun 26 10:06:47 1999
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Date: Sat, 26 Jun 1999 10:21:07 -0500
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To: Stewart Taylor <staylor@xxxxxxx>
CC: T-Bondtrader <t-bondtrader@xxxxxxxxxxxxx>,
RealTraders Discussion <realtraders@xxxxxxxxxxxx>
Subject: Re: Clarification
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Well said Stewart !!!!!!!!!!1
Stewart Taylor wrote:
>
> >Before the glasshouse people throw too many stones,
>
> Exactly what glass house are your referring to? I do institutional
> consulting and trading and have never derived one cent of income from my
> participation on this list. I don't view you as a competitor in any
> semblance at all. Frankly, I don't believe that you post to the list for
> any reason beyond selling manuals. Of course, maybe Im wrong, maybe you do
> have an altruist streak in you.
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