RE:RE:RE:RE:no movementThanks CB...GL:)
I understand the theory behind it people are buying Bullish futures thinking the market is going up for the next month now causing Cantango for HVU ...Than when the S&P starts going down people start reversing there futures and start buying more Bearish futures for the next month what makes HVU stronger ...Than by buying the more bearish futures this kills the Cantango.
The last couple of VIX spikes has caused the reverse and in effect starting to kill the Cantango and supports HVU.....Iam really quite new at this ,as you no..:)
But like you Iam in for a longer hall than most and actually need couple very strong days to get back in the green...:)...I bought up few more when they were down and it has helped my negative percentages ....You definately needs Big ----s to play this one...Was not really sure what I was doing but iam really thinking everything is going to be good with all the negative news on oil and surplus and differant economies thru the world....Really understand about the Yellen factor now,think this is just a hope that rates would go up but sure would be nice to hit things going up and than have it super charged by a yellen hike....Haha...Dare to dream....
Good Luck to all,,,,,,Thanks for all the great Comments CB..