DISCLAIMER: THERE IS A POSSIBILITY THAT I COULD BE WRONG.

Minneapolis Grain Exchange seats are cheap. Everyone should buy one...and then buy one for a friend.

Thursday, September 30, 2010

Dec MGEX Irresistable

Like a moth to a flame, I am drawn back to long Dec MGEX, short CBOT.

Also, while I never did get back into long Oats/ short Corn, I was able to buy Dec/sell March Oats at better than a 9 cent discount for Dec today. The downside on this is about 7 cents and there is little in the way of commodity index rolls or long speculative positions to drive the spread to a big discount for Dec.

1 comment:

  1. I checked the dictionary and "irresistable" is an accepted variant of "irresistible."

    ReplyDelete