The number of people trying to pile into this thing exploded by a factor of 5 right as the bottom was dropping out of the futures market. They were all bottom fishing and they're getting absolutely slaughtered.
Yep, that's why I decided to wait. I have some cash left over from rebalancing our portfolio, and I left it parked until I saw an opportunity. This isn't it.
The number of people trying to pile into this thing exploded by a factor of 5 right as the bottom was dropping out of the futures market. They were all bottom fishing and they're getting absolutely slaughtered.
Yep, that's why I decided to wait. I have some cash left over from rebalancing our portfolio, and I left it parked until I saw an opportunity. This isn't it.