The late sell yesterday was the selling of the hedges (alpha) that will not be rolled on Friday's expiration.
Appears that the capital will be redeployed soon, maybe they will wait until Monday. Tomorrow is flip flop day: switch into
the new contracts. These decisions will determine what happens in the 3rd quarter. Keep an eye on the futures in the short run.
The question is where it will go?
Best, Islander
Yesterday sell off
Started by
Islander
, Jun 08 2011 08:21 AM
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