MURICO.com Forum

The CME Component on the - - -

7/15/14 kill was up 0.38 to 134.19. That put the cash settlement index for the NNNs at 134.01. That was on the low side of the range I was expecting, never-the-less it paid to go to cash settlement rather than liquidate.

The HEQ4 is now at a discount of 3.62 to the CME Index. That strikes me as being a bit low for the QQQs so when they dipped this morning, I loaded my boat a little with more long QQQs. I'm not married to them so will scale out of some of them if they bounce a little. I also took profits on a Q/V spread this morning and may take more profits if we get a little more of a bounce.

Best wishes,

dhm