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I think I'm missing the point.
Allan
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WJame17842 wrote:
>
> Well, may futures do not expire, but the contract has a SETTLEMENT DATE, after
> which delivery of the underlying commodity is delivered to the holder of the
> contract which is almost always a merchandiser, distributor, or some type of
> manufacuter/processor of goods. Needless to say, a futures contract does have
> a
> life of its own and new contracts replace old ones at different prices for the
> contracts and every so changing prices per pound, bushel, etc........
> Maybe my choice of words was a little off center, but on target nonetheless.
>
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