MURICO.com Forum

The final Purchase Index for - - -

10/5/17 was UP $1.05 and the model projects that the component on yesterday's kill will jump between +0.50 and +0.80. The VVVs settled premium to the component by 5.41. The model calculates that the component will need to jump an average of 67 cents per day for the next seven days to close that "Gap". In the last three days it has jumped an average of 45.9 cents per day. It may be a stretch for the component to do all the heavy lifting to close that "Gap". Perhaps the VVVs will have to participate and drop a point or so. I hung onto three short scalpers from yesterday and took profits on one this morning so am still short two. My power went out for 15-minutes just as the market was opening or I might have sold again on the opening jitters.

Best wishes,

dhm

41.05