.....for the very simple reason, that I sold some yesterday! I had an open order in for $4.98($4.78 cash Dec.). My thinking was that with the very large number of Longs (430,000+), and the resistance of $5.00, I thought to reward this market before it corrected. The funny thing is, the futures hit $4.974(1/2cent less than my order) on Wed. So Thursday I was considering canceling the order to see how things shook out. Then I get the call that the order was exercised even half-a-penny low. To be sure, I'm happy with $4.78 cash, yet $4.93 would be nicer. |