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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (20134)6/5/2000 10:20:00 PM
From: Magnatizer   of 29382
 
Sergio

I am having trouble finding the DJ Commodity ave in my database, therefore I cannot make a comparison as to how closely it tracks CRB. I will get a price for the Sept contract at tomorrow's open and just start out with it so no rolling over is necessary. Will have to pay a bit more prem but it's only monopoly money anyway ;-)

After today it looks like I could get a better entry on the CRB in a few weeks. I doubt that timing an entry is really in the spirit of the contest so I will just let er ride.

BTW: I try to keep the technical jargon to a minimum in my commentary. For instance I think this CRB call is fairly straight forward....

CRB: CRB chart

From last week: If the top dashed green line (223-225 area) hold support into the 6.2.00 cross I like the next move up to be very fast to the low/mid 230s. Playing out well, no changes... 230s this week very likely.

I know what you mean about technical jargon so I really try to KISS (Keep it simple stupid).

ht
Mag
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