Noticed that with oil ETF's

Thank you for reminder.

Report due in an hour.

Hi Spike, icd, et all. We moved from the left coast to Vegas.

"Contango and backwardation are terms often used within commodity circles. These terms refer to the shape of the futures curve of a commodity such as gold, silver, wheat or crude oil. A futures curve can be plotted on a chart of a particular contract by using an X and Y axis. The X axis contains the various contract expiration dates while the Y axis contains the corresponding futures prices."