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Strategies & Market Trends : Coming Financial Collapse Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (146)6/19/2001 11:43:08 AM
From: pater tenebrarum  Respond to of 974
 
note: the important thing about the lease rate is its differential to other rates. with the Fed set to cut yet another 50 bps., we can stomach a somewhat weaker lease rate. i'm not so sure about liquidity in the spot market being plentiful...contangoes remain very small. the differential between spot and the August contract is negligible for instance.