Contango on rollover action

Discussion in 'Commodity Futures' started by jj90, Feb 12, 2009.

  1. Lol, because look what happened today
     
    #11     Feb 13, 2009
  2. jj90

    jj90

    MGJ, very good point. I sometimes overthink things, but today's action confirmed my beliefs.

    5yr, I thought the same way about your reasoning, but obviously the market thinks otherwise. APR got some bid in the pre market but after that it was a waste of time. Lesson I'm reminded of here is stick to what you know.

    Thanks guys, good stuff here.
     
    #12     Feb 13, 2009