what you are looking at. The last H&P report showed the 50# and down were up 3.14% so I thought this report would show the 180# and up to be +3.0% or so but not so.. They are only +2.44%. I suppose that could set the stage for the Index to hold up and the NNNs could show a little bounce before going to cash settlement.

I cleared a bunch of long Q/V spreads off my boat when they rallied today. Now I will look to re-load if they dip a little. If what you are thinking holds, ITZ, I may have a long wait before there is a dip. The Q/Vs have really treated me well.

Best wishes,

dhm