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Strategies & Market Trends : Waiting for the big Kahuna

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To: Yogizuna who wrote (42898)8/10/1999 1:42:00 PM
From: nicewatch  Read Replies (1) of 94695
 
Hi Yogi,

Remember early this spring, when I said that I have a "feeling" that the grains were going to do very well this late summer and fall? Well, so far not too bad, but I'm beary greedy <g> after missing much of the tremendous bear market in these commodities for the last two years, so I'm watching the weather here very closely.

Yes, I remember. Good luck with whatever you do. I have just been scalping since I dumped my contracts and calls... but I did manage to hold a few last night, which I just dumped again.

From a longer term perspective, I think the real fireworks in the grains won't begin until next year sometime. --just a guess-- If beans remain strong through the end of august and September, there would be good potential for a short, anticipating the October harvest lows. I suppose we'll know when we get there. <g> FWIW, TTYL

Regards,

Frank
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