Aug 16, 2014
It's that time of year, the holiday, the late summer bump! It's also the situation in various locations around the globe. Plus, when they buy a fairly large number of contracts at the lower prices, which they've been doing these last few days, I usually see some upward movement following. Plus, yes, the trend it downward for the mid range term, not for the long term. The long term is still up, but we do go down from time to time just as we have in the past. It's a cycle of activity. I'm not worried either way for the most part.