Bonds, Currencies, Commodities and Index Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nemer who wrote (73)	10/25/2000 2:48:01 PM
From: Chip McVickar	Read Replies (1) of 12411

Nemer, GZ played the lumber market and gave it up. He just couldn't make it work. I think he said he got "Chewed up and spit out like match sticks." But that chart shows it responds nicely to the forks and looks to be on a median line right now. But which way it'll move is not clear yet, but I'd guess up for a modest move. Forks suggest 240.00 as possible. However, look at the cyclical studies to see where that stands. Also, building may be slowing in the months ahead. Your Beans look ready to move. But the weekly chart suggests there's a bottom at 448.00 But the daily looks like a buy and a move higher to 484.50 60 min chart has a fork median line at 470.00 Looks like a buy above 464.00 Would you be buying the Nov or Jan contract..?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next