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Re: Is it just me, or is the market dead?



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Just bringing up a year-old thread, maybe stimulate a discussion.

Very different picture this year though ...

Regards, M

Michael Stewart wrote:
> 
> 
> thats a far more sensible way to do it -- I get very different av
> prices for the cash compared with your continuos futures for 1998
> though.
> 
>         range   avyear  %
> 
> 1992    3.51    415.12  0.85%
> 1993    3.28    451.96  0.73%
> 1994    3.76    460.56  0.82%
> 1995    4.01    541.23  0.74%
> 1996    6.76    669.88  1.01%
> 1997    12.62   873.79  1.44%
> 1998    17.02   1085.50 1.57%
> 1999    20.38   1327.33 1.54%
> 2000    25.53   1447.45 1.76%
> 2001    22.24   1228.43 1.81%
> 2002    20.56   1017.01 2.02%
> 
> >> Can you also provide more statistically valid ranges expressed as a
> >> percentage of average annual price level ?
>