MURICO.com Forum

The CME component on the kill for - - -

8-18-15 kill was up 0.11 to 78.99. That has opened the "Gap" to 14.16 with the VVVs being discounted to the component. My thoughts are that a discount that large forms somewhat of a safety line of support for being long the VVVs. On average since the lean hog futures began trading in 1996, the average change in the Index from when the QQQs expire until the expiration of the VVVs is a 6.50 point decline.

But -

There is often a 20-point sell-off in mid-September before the the holiday rally begins. I believe there is one thing we can count on over the next four to six weeks and that is an awful lot of volatility.

That should bode well for your fishing, ITZ.

Best wishes,

dhm

Messages In This Thread

The CME component on the kill for - - -
Re: Are we having FUN yet-----
Oh! It looks like you were fishing on - - -