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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Brian Hornby who wrote (11571)	1/4/1999 8:42:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

It's hard to say. I recall one market around 1986, or 1988, that fell like a rock but it was because they switched from one contract to another. The US had changed something about the way farmers were getting tax breaks or whatever it was. If you looked at the price of the commodity as it went from one contract to the other it looked devastating. Yet the thing was in a major bull move. It's hard to say when one is dealing in futures what happened at such and such a time unless you have all the relevant information.