huangjin: Interesting that you would quote this episode of Seinfeld. I often use it to explain why I invest in individual stocks...the reason being that if I was consistently bad at it then I could just start doing the opposite of all my trades.
sbenard: My whole point is that you can't possibly benefit from the normal seasonal increase in prices because that's already reflected in the futures market. The fund will be always buying at the higher prices, not the lower spot prices. Also, I don't buy the technical mumbo jumbo. No offense.
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huangjin: Interesting that you would quote this episode of Seinfeld. I often use it to explain why I invest in individual stocks...the reason being that if I was consistently bad at it then I could just start doing the opposite of all my trades.
Aug 22 22:34 pm
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All Comments by Gary Lucido »Natural Gas Fund Is Flaming Out [View article]
sbenard: My whole point is that you can't possibly benefit from the normal seasonal increase in prices because that's already reflected in the futures market. The fund will be always buying at the higher prices, not the lower spot prices. Also, I don't buy the technical mumbo jumbo. No offense.