This is a function of the "fear premium".
A few people alluded to this this ....
I'd pay more to have it now -- and know that I have it;
than pay for something to be delivered at a point later in the future which might not be available when I need it.
Also called backwardation...
We can debate the cause of this degenerate behavior:
- exposure to violence
- media
- declining family structure
- ease and availability of obtaining guns
It could take 30 years before the damage caused by the last 30 years is un-wound.
Every campus should have the same basic security...
enoch:
trade it like the underlying. it wont play like a stock.
the DBA rebalances every nov to it's base weight of 25% apiece.
so on any given day that wont be the balance because it's in flux based on the mkt value of the four futures.
DJ
Dude -- How can you say you'll take his account from 10k to 50k in no time at all and you're not good at math at the same time.
Do you trade?
"jaronimo" is what you shout as you watch the money in your trading account drop
DJ