(Con) Tango, Anyone??

I have noticed that a growing number of people outside the world of Commodity Trading are gaining a familiarity with the terms used to describe the prices of Commodities Futures. I hear the term Contango all over the media now and I thought it was reserved just for us trading geeks. Contango refers to a condition where the futures are pricing that particular commodity or instrument at a higher price as time goes on. In many commodities, there are futures for any number of months or years going forward. The subsequent futures reflect the expectation for that commodity going forward. continued

by thinkorswim | 01/29/09 | Stocks: USO,

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	Can Citigroup Be Saved? Citigroup Inc. (C) announced that it is making plans to planning to increase the number of its common shares outstanding and execute a reverse stock split as part of its effort to convert preferred shares to common shares. Citi is seeking to exchange about $27.5 billion in public and private preferred securities as part of its agreement with the Treasury Department, which has pledged to match up to $25 billion of the conversions. This deal represents the government's third attempt... continue

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(Con) Tango, Anyone??

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Can Citigroup Be Saved?

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