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huh? 
s&p500 "cash", undistorted by anything, posted a low of 102.20 on 08/82
and a high of around 144 on 11/82.
TJ
--- Mark Johnson <janitor@xxxxxxxxxxxx> wrote:
>Look at a continuous contract
> for S&P500, they will tell you.  In 1982 the continuous
> contract prices are around 120 .... but the futures themselves
> traded around 300. 
 
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