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Re: ajtj99 post# 7277

Tuesday, 07/23/2002 10:39:26 PM

Tuesday, July 23, 2002 10:39:26 PM

Post# of 704049
Often times in drops the futures trade at a discount to fair value
IMO it is the ST implied extra risk. When market kept rising during bull market there was added premium for next futures expiration date not the discount.

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