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Strategies & Market Trends : Grain Futures Trading

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To: MJR who wrote (296)	12/3/1998 9:46:00 PM
From: nicewatch	Read Replies (1) of 645

Mike, IMO, beans were a good short at the close. I agree about the downside after 577. Looking ahead a little bit... I wonder if the gap from 10/8/98 ever gets filled. I doubt it... but we're only a limit move away... and anything can happen. OT: I thought cotton and hogs may have made lows recently. It seems I was too early, as both look primed to make new lows. In fact, I have entered orders to short both for tomorrow. Cotton has a similar pattern now that it did in early November when it declined 5 cents in a week. Time will tell, talk to you later. Regards, Frank

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