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Post# of 704047
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Taxmantoo

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Taxmantoo

Re: zztops post# 550609

Friday, 06/08/2007 9:43:02 AM

Friday, June 08, 2007 9:43:02 AM

Post# of 704047
Note that interest rate arbitrage controls futures prices when the underlying is trading. When the market is closed, the futures prices unhook from fair value and go where traders think the next market open might be.
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