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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (43071)10/8/2005 1:19:01 AM
From: mishedlo  Respond to of 110194
 
Futures contract look at the value at the settlement day. What else?

I do not disagree with that statement.
What defines the "value" on settlement day?
With Eurodollars it is interest rate EXPECTATIONS a full 3 months in the future. Do I like that? Hell no I don't but it is what it is. Short sterling and Euribors trade the same way. With those products you are betting on what the market THINKS will be the rate at a point IN THE FUTURE FROM THE CLOSE. I am 100% positive about that.

With the VIX I am proposing it is volatility expectations 30 days into the future (from the close). I am not positive about that.

Mish



To: ild who wrote (43071)10/9/2005 1:48:34 PM
From: russwinter  Respond to of 110194
 
Is there an update of this chart and data?

idorfman.com



To: ild who wrote (43071)10/9/2005 9:21:17 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Electric Shock Ahead

By MATTHEW DALTON

ELECTRICITY PRICES are sizzling and could move even higher this winter, creating a windfall for companies with low-cost nuclear and coal-burning power plants, but shrinking profit margins for those that operate as middlemen between generators and consumers.

The price of power had been rising steadily since mid-summer, mirroring the strong market for natural gas, a key fuel for generating electricity. Then, Hurricanes Katrina and Rita shut a significant portion of oil and gas production, fueling even more concern about supply.
...
September wholesale power prices in New England are up 140%, compared with the level a year ago; mid-Atlantic prices are up almost 200%; Texas prices, 125%; California prices, 86%.

As steep as those jumps might seem, they pale in comparison to where prices could go, particularly in New England, once the temperature drops.


online.barrons.com