It will fluctuate!
Posted: Thu Jan 09, 2020 11:41 pm
I tried to take advantage of the spike in prices on Sunday evening by selling a chunk.
What I was selling wasn't on the online price lock system, so I had to wait for a quote.
By the time I got the price quote, spot was higher than when I had made the request for quotation, so I was thinking of letting the quote expire.
But then by the time of expiration, the spot price had gone back down, so I went through with it.
All of this is just to say that anyone who has been waiting for a sign can go ahead and buy because I'm an almost infallible contrary indicator. In this case, in both directions!
What I was selling wasn't on the online price lock system, so I had to wait for a quote.
By the time I got the price quote, spot was higher than when I had made the request for quotation, so I was thinking of letting the quote expire.
But then by the time of expiration, the spot price had gone back down, so I went through with it.
All of this is just to say that anyone who has been waiting for a sign can go ahead and buy because I'm an almost infallible contrary indicator. In this case, in both directions!