RE:GLOBEX & NYMEX Fe Feb Futures End Month Up Over $18 or 15%Well, it's all Greek to me; do the futures have something specific to do with the price of the underlying equity? Wouldn't that depend on the volume of futures traded at particular prices? If so, I would think there would be more value in a 5-day trend or a volume-weighted price. If not, what do these movements of futures tell us? the general market outlook for Fe is good but lots of specific things happen in specific markets that prevent gains from being realized - congestion at Chinese ports, Asian facdtory shutdowns, transit problems for finished goods, the gamut is endless. And some of them may affect LIF's customers and some of them may not.