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| Fishy is right on the close,,,closing day prices for a chart are based on some formula using the pit close. No clue why they do this anymore because the pits are like a ghost town.
Personal IMO all pit trade should be closed forever.
Why ?
Your a big hedgie fund,send one of your well known guys to the pits to sell a few feeders,,, to be "seen" (you want to be "seen") well your boys back in cyber land buy the manure out of it. Just a way for the big boys to play games. This HAS happened in different markets the last years. | |
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Anyone notice the last trades vs settlements in the cattle and feeder market
