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Strategies & Market Trends : Value Investing

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To: Mike 2.0 who wrote (7735)	7/13/1999 9:38:00 AM
From: LauA	Read Replies (2) of 78486

FWIW - Futures trading: Does anyone have experience with futures position trading? The concept is to buy contracts, without leverage (no margin), which are at historic lows. (Historic can mean 1200 years for wheat.) They get rolled until the price reverts to the mean. Two years ago frozen OJ was good, last year pork bellies, last fall gasoline, and now cocoa. I know of value-type people who do it. I don't know what type of return to expect. I have no personal experience. Theoretically the risk is very low - never a chance to go to zero. Lau

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