UMM Down 20% Since August
Started by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009
Discussion about
http://finance.yahoo.com/q/bc?s=UMM&t=6m&l=on&z=l&q=l&c= who was it that said the UMM price demonstrated strength in the housing market? I remember it amusingly, given it was right after it had simply returned back to its initial starting point. We're down 20% since then. Now that doesn't bode well for the bulls.
plz explainz how a spot and future mkt is related? How can spot carry arbitrage in this situation