GREY:SXRZF - Post by User
Comment by
markvrdon Jun 29, 2011 11:48pm
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Post# 18782844
RE: Good news keep coming ...
RE: Good news keep coming ...Hmmm... since futures contracts are largely speculative and not necessarily an indication of what the spot price will be, I tend to rely on the spot prices which are:
Trade tech weekly spot price: $54.10 (updates each Friday)
Ux Consulting Spot: $54.25 (updates each Monday)
Let's wait and see what the future spot price is IN THE FUTURE and not rely on what the speculators are telling us will happen.
If you do give so much credence to the futures contracts though, note that the prices according to the longer term futures contract start to rebound after the summer.
Guess you're right, the good new just keeps coming :)
Cheers,
Mark