Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: John Pitera who wrote (1630)	2/17/2008 10:57:12 PM
From: Patrick Slevin	of 1643

Well, the May Contract actually crossed 14 Friday, I went in late Thursday. A continuation higher & I may add 50% to the position. I recall only around a year ago I was riding it from probably the 6s through the 8s. I should have turned it into a Long Term buy & hold ... April, if I recall, is tough on Wheat. Anyway, Beans have already shown a lot of Volatility. I hesitated because the swings over the last couple of weeks had as much as 60 points in a day. For example Feb 6 opened at 1342, closed at 1339 but had a low of 1332 & a high of 1392. I'm hoping to catch it just right. Closed out half of my Sugar, but that looks good as well.

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