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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Haim R. Branisteanu who wrote (11258)4/3/2004 7:21:06 AM
From: Wyätt Gwyön  Read Replies (1) of 110194
 
did you account for the price of carry - e.g. storage, interest expenses etc.?

i wasn't aware that a futures contract needed to be stored anywhere but on a computer hard disk. i think you are confusing the future with holding physical inventory. nor are there interest expenses in my case at least. obviously, though, there is an opportunity cost of holding a non-interest-bearing asset vs. cash. but thanks to Greenspan, the amount of interest gained on cash is basically zero.
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